IShares ETF Competition
| AGRH Etf | USD 26.24 0.01 0.04% |
IShares ETF vs T Rowe Correlation
Significant diversification
The correlation between iShares ETF Trust and TCAF is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares ETF Trust and TCAF in the same portfolio, assuming nothing else is changed.
Moving together with IShares Etf
| 0.96 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.97 | SHV | iShares Short Treasury | PairCorr |
| 0.95 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.97 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.95 | ICSH | iShares Ultra Short | PairCorr |
Moving against IShares Etf
IShares ETF Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IShares ETF and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of IShares and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of iShares ETF Trust does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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IShares ETF Constituents Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares ETF ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze IShares ETF's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VCITX | 0.08 | 0.02 | (0.20) | 4.65 | 0.00 | 0.26 | 0.87 | |||
| VCLAX | 0.08 | 0.02 | (0.20) | 4.65 | 0.00 | 0.26 | 0.87 | |||
| VGAVX | 0.12 | 0.02 | (0.26) | 0.45 | 0.00 | 0.24 | 0.77 | |||
| VNYTX | 0.09 | 0.02 | (0.24) | (2.80) | 0.00 | 0.28 | 0.92 | |||
| BBIN | 0.62 | 0.12 | 0.12 | 0.22 | 0.59 | 1.43 | 3.26 | |||
| BBUS | 0.54 | (0.03) | (0.05) | 0.04 | 0.72 | 0.99 | 3.60 | |||
| SGOL | 1.36 | 0.31 | 0.10 | 0.71 | 2.26 | 2.97 | 13.87 | |||
| TCAF | 0.52 | (0.08) | 0.00 | (0.04) | 0.00 | 1.06 | 3.28 |
IShares ETF Competitive Analysis
The better you understand IShares ETF competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IShares ETF's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across IShares ETF's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
IShares ETF Competition Performance Charts
Five steps to successful analysis of IShares ETF Competition
IShares ETF's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by iShares ETF Trust in relation to its competition. IShares ETF's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of IShares ETF in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact IShares ETF's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to iShares ETF Trust, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out IShares ETF Correlation with its peers. For more detail on how to invest in IShares Etf please use our How to Invest in IShares ETF guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Understanding iShares ETF Trust requires distinguishing between market price and book value, where the latter reflects IShares's accounting equity. The concept of intrinsic value - what IShares ETF's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push IShares ETF's price substantially above or below its fundamental value.
Understanding that IShares ETF's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether IShares ETF represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, IShares ETF's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.