davboz

Best ETF and CEF Absolute Lagged Correlation To the S&P 500

I'm stupid. I need words! Do you mean that 25% of the time, the S&P500 correlates exactly to what the RXI did 21 days earlier? Do you mean that 21 days behind the RXI, the S&P500 acts the same with a 25% variance? I doubt that this is what you mean but what can it be? 25% is the BEST? Why bother. And what about the neg.%'s? Is it helpful to know that something is 'off' or at variance at a 14% rate? That still leaves 86% that isn't neccesarily exactly correlating.....
I WANT to see a pattern like whatever it is I get a hint of what I THINK you could possibly mean..........but ....just what IS that?!?
Expand. Please. I'm beggin' ya!