IShares Trust Competition
| EUSB Etf | USD 44.26 0.08 0.18% |
IShares Trust vs IShares MSCI Correlation
Poor diversification
The correlation between iShares Trust and EWH is 0.68 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Trust and EWH in the same portfolio, assuming nothing else is changed.
Moving together with IShares Etf
| 0.99 | IUSB | iShares Core Total | PairCorr |
| 0.77 | FIXD | First Trust TCW | PairCorr |
| 0.98 | FBND | Fidelity Total Bond | PairCorr |
| 0.97 | TOTL | SPDR DoubleLine Total | PairCorr |
| 0.75 | BNDS | Series Portfolios Trust | PairCorr |
Moving against IShares Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
IShares Trust Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IShares Trust 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 Trust does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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IShares Trust Competition Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares Trust 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 Trust'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.52 | 0.04 | 0.01 | 0.13 | 1.51 | 3.43 | 13.69 | |||
| MSFT | 1.34 | (0.34) | 0.00 | (0.77) | 0.00 | 1.90 | 13.28 | |||
| UBER | 1.51 | (0.41) | 0.00 | (0.71) | 0.00 | 2.41 | 11.09 | |||
| F | 1.19 | 0.03 | 0.01 | 0.11 | 1.20 | 3.38 | 7.16 | |||
| T | 1.00 | 0.23 | 0.16 | (9.07) | 0.77 | 3.87 | 5.31 | |||
| A | 1.25 | (0.33) | 0.00 | (0.18) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.66 | (0.44) | 0.00 | (0.38) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.27 | (0.15) | 0.00 | (0.03) | 0.00 | 2.34 | 7.38 | |||
| MRK | 1.33 | 0.46 | 0.33 | 0.76 | 0.98 | 3.59 | 8.74 | |||
| XOM | 1.24 | 0.38 | 0.22 | 1.59 | 1.14 | 2.68 | 5.85 |
IShares Trust Competitive Analysis
The better you understand IShares Trust competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IShares Trust'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 Trust'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 Trust Competition Performance Charts
Five steps to successful analysis of IShares Trust Competition
IShares Trust'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 Trust in relation to its competition. IShares Trust's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of IShares Trust 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 Trust's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to iShares 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.
Complement your IShares Trust position
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Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
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Check out IShares Trust Correlation with its peers. For information on how to trade IShares Etf refer to our How to Trade IShares Etf guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Investors evaluate iShares Trust using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating IShares Trust's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause IShares Trust's market price to deviate significantly from intrinsic value.
It's important to distinguish between IShares Trust's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding IShares Trust should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, IShares Trust's market price signifies the transaction level at which participants voluntarily complete trades.