1. Table 4. Correlations 08/2010-04/2015
HFRI Equity Hedge (Total) Index
HFRI Event- Driven (Total) Index
HFRI Fund of Funds Composite Index
HFRI Fund Weighted Composite Index
HFRI Macro (Total) Index
HFRI Relative Value (Total) Index
MSCI EM
,86**
,74**
,71**
,36**
,69**
S&P500
,88**
,81**
,75**
,29**
,67**
CRB
,42**
,51**
,44**
,47**
,28**
,56**
Lechner Gerhard et al. Relationship of Commodity and Equity Indices on Hedge Fund Performance. Journal of Finance
and Economics, 2017, Vol. 5, No. 3, doi: /jfe-5-3-6
© The Author(s) Published by Science and Education Publishing.