VanEck Junior Competition
| G2XJ Etf | EUR 98.84 4.14 4.02% |
VanEck Junior vs UBS ETF Correlation
Almost no diversification
The correlation between VanEck Junior Gold and UBUD is 0.98 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck Junior Gold and UBUD in the same portfolio, assuming nothing else is changed.
Moving together with VanEck Etf
| 0.96 | IS0E | iShares Gold Producers | PairCorr |
| 0.99 | CD91 | Lyxor NYSE Arca | PairCorr |
| 0.99 | G2X | VanEck Gold Miners | PairCorr |
| 0.97 | ETLX | LG Gold Mining | PairCorr |
Moving against VanEck Etf
VanEck Junior Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Junior 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 VanEck 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 VanEck Junior Gold does not affect the price movement of the other competitor.
| 0.96 | 0.99 | 0.96 | 0.99 | 0.96 | IS0E | ||
| 0.96 | 0.97 | 0.99 | 0.97 | 0.99 | G2X | ||
| 0.99 | 0.97 | 0.97 | 0.99 | 0.98 | ETLX | ||
| 0.96 | 0.99 | 0.97 | 0.96 | 0.98 | G2XJ | ||
| 0.99 | 0.97 | 0.99 | 0.96 | 0.97 | M9SD | ||
| 0.96 | 0.99 | 0.98 | 0.98 | 0.97 | UBUD | ||
VanEck Junior Constituents Risk-Adjusted Indicators
There is a big difference between VanEck Etf performing well and VanEck Junior 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 VanEck Junior'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IS0E | 2.33 | 0.37 | 0.11 | 0.51 | 2.79 | 5.42 | 18.69 | |||
| G2X | 2.22 | 0.54 | 0.16 | (5.12) | 2.58 | 5.51 | 15.96 | |||
| ETLX | 2.21 | 0.42 | 0.15 | 1.21 | 2.31 | 5.14 | 11.83 | |||
| G2XJ | 2.46 | 0.48 | 0.12 | 3.04 | 3.29 | 6.37 | 22.71 | |||
| M9SD | 1.96 | 0.39 | 0.12 | 0.55 | 2.69 | 4.64 | 16.97 | |||
| UBUD | 2.05 | 0.42 | 0.11 | (3.87) | 2.83 | 4.87 | 17.55 |
VanEck Junior Competitive Analysis
The better you understand VanEck Junior competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Junior'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 VanEck Junior'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 |
| G2XJ | IS0E | G2X | ETLX | M9SD | UBUD | |
| 4.02 98.84 VanEck | 2.27 36.18 IShares | 3.45 96.60 VanEck | 2.06 99.84 ETLX | 2.02 269.40 Market | 1.92 48.01 UBS | Market Volatility (90 Days Market Risk) |
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| Semi Variance |
VanEck Junior Competition Performance Charts
Five steps to successful analysis of VanEck Junior Competition
VanEck Junior'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 VanEck Junior Gold in relation to its competition. VanEck Junior's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of VanEck Junior 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 VanEck Junior's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Junior Gold, 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 VanEck Junior position
In addition to having VanEck Junior in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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Check out VanEck Junior Correlation with its peers.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.