CAN YOU EXPLAIN HOW TO SELECT THE BEST CORRELATED FUNDS

 

CORRELATION OF ALL MUTUAL FUNDS VIEIX VINIX VBTIX VTSNX RNWGX GSSUX JDVWX MVCKX MEFZX MWTSX VPMAX WSCRX FDIKX PFPRX PIREX VIEIX 1 VINIX 0.920235 1 VBTIX -0.241682 -0.174545 1 VTSNX 0.844815 0.882107 -0.058998 1 RNWGX GSSUX 0.790968 0.836614 0.050717 0.944202 0.973179 0.888374 -0.285728 0.781731 0.725453 1 1 JDVWX MVCKX PIREX 0.927607 0.970142 -0.287236 0.835938 0.779183 0.907889 0.973808 0.949872 -0.212855 0.863994 0.807685 0.957515 0.950933 MEFZX 0.971864 0.927293 -0.206467 0.847553 0.798634 0.915152 0.910164 MWTSX 0.019174 0.06591 0.821648 0.183067 0.268764 -0.024128 -0.018862 VPMAX 0.909755 0.960849 -0.181782 0.86519 0.82832 0.865734 0.928599 WSCRX 0.967626 0.856119 -0.31175 0.785283 0.734687 0.935678 0.873483 FDIKX 0.823789 0.888328 -0.063896 0.949375 0.937643 0.754369 0.836701 PFPRX 0.921137 0.926149 -0.260236 0.823801 0.745274 0.896174 0.931597 0.662269 0.677901 0.288207 0.646816 0.635884 0.627715 0.610122 1 1 1 1 0.950617 0.064314 0.033988 0.920187 0.922504 0.052981 0.92188 0.942808 -0.064399 0.850848 0.843295 0.847434 0.175539 0.889492 0.771904 0.921233 0.915509 0.014104 0.91251 0.870464 0.830683 0.674821 0.653264 0.399995 0.659259 0.557547 0.634963 0.629459 1 1 1 1 1