asset correlation calculator
    Correlation calculator

    Check diversification
    Identify correlated assets
    Chart historical relationships

    Asset correlation calculator

    Correlation is a statistical measure of association between two variables. Understanding correlations between portfolio assets is useful to evaluate or build a diversified portfolio. Portfolio Lab allows rapid exploration of asset correlations between ETFs, stocks and mutual funds.


    • choice of monthly or daily returns correlations
    • color-coded portfolio correlation table
    • rolling correlations historical charts
    • time-weighted computation formula (exponentially weighted) which is superior to the equal-weight computation found in Excel and many other programs.