IN PLAIN ENGLISH
How closely two investments move together, from +1 (in lockstep) to −1 (in opposite directions).
WHERE YOU MEET IT
Not calculated by the app. Compare how holdings' prices have behaved, or use the sector split as a rough guide.
WATCH OUT FOR
Correlations tend to rise in a crash, just when you'd want them low.
EXPLAINED IN
Educational content only. It is not personal financial advice.