Pairwise correlation analyses result in simple outcomes that require an understanding of the caveats in imaging-derived measures. Data-driven multivariate analyses identifying associations between sets of variables have complementary benefits, including improved sensitivity to biological processes and a streamlined set of results compared with millions of univariate associations. Further, multivariate analyses can separate distinct biological processes with opposing relationships between variables. For example, our CCA-ICA analysis revealed one aging-related process that involved changes in heart rate and fMRI measures (mode 4) while another aging-related process related blood pressure and white matter microstructure (mode 8). A simple correlational analysis would show associations between all of these factors, including even those that appeared in separate modes (e.g. fMRI and white matter changes). Additionally, as with multiple regression, simultaneous identification of multiple modes of association reduces the unexplained residual variance (effectively data “de-noising”).