Invesco RAFI Competition
| IUS Etf | USD 59.39 0.15 0.25% |
Invesco RAFI vs BlackRock ETF Correlation
Almost no diversification
The correlation between Invesco RAFI Strategic and BIDD is 0.94 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Invesco RAFI Strategic and BIDD in the same portfolio, assuming nothing else is changed.
Moving together with Invesco Etf
| 0.96 | VTV | Vanguard Value Index | PairCorr |
| 0.95 | VYM | Vanguard High Dividend | PairCorr |
| 0.96 | IWD | iShares Russell 1000 | PairCorr |
| 0.98 | DGRO | iShares Core Dividend | PairCorr |
| 0.95 | IVE | iShares SP 500 | PairCorr |
Moving against Invesco Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco RAFI'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.
Invesco RAFI Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco RAFI 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 Invesco 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 Invesco RAFI Strategic does not affect the price movement of the other competitor.
High positive correlations
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Invesco RAFI Constituents Risk-Adjusted Indicators
There is a big difference between Invesco Etf performing well and Invesco RAFI 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 Invesco RAFI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EQAL | 0.62 | 0.04 | 0.01 | 0.27 | 0.67 | 1.33 | 3.13 | |||
| RSPH | 0.68 | 0.05 | 0.03 | 0.27 | 0.56 | 2.18 | 4.42 | |||
| AOK | 0.23 | 0.01 | (0.10) | 0.26 | 0.33 | 0.47 | 1.74 | |||
| DBEU | 0.53 | 0.08 | 0.05 | 2.89 | 0.61 | 1.19 | 3.78 | |||
| INDY | 0.53 | (0.09) | 0.00 | (3.26) | 0.00 | 0.89 | 3.53 | |||
| DMXF | 0.68 | 0.03 | 0.02 | 0.08 | 0.90 | 1.56 | 3.82 | |||
| DWAS | 1.12 | 0.06 | 0.04 | 0.10 | 1.42 | 2.12 | 5.43 | |||
| IAT | 0.89 | 0.23 | 0.22 | 0.27 | 0.74 | 2.42 | 5.68 | |||
| RSPN | 0.70 | 0.07 | 0.09 | 0.11 | 0.69 | 1.76 | 4.12 | |||
| BIDD | 0.56 | 0.07 | 0.05 | 0.73 | 0.63 | 1.21 | 2.86 |
Invesco RAFI Competitive Analysis
The better you understand Invesco RAFI competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco RAFI'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 Invesco RAFI'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 |
Invesco RAFI Competition Performance Charts
Five steps to successful analysis of Invesco RAFI Competition
Invesco RAFI'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 Invesco RAFI Strategic in relation to its competition. Invesco RAFI's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Invesco RAFI 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 Invesco RAFI's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco RAFI Strategic, 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 Invesco RAFI position
In addition to having Invesco RAFI 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods 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 Processed Foods Theme or any other thematic opportunities.
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Check out Invesco RAFI Correlation with its peers. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Invesco RAFI Strategic's market price often diverges from its book value, the accounting figure shown on Invesco's balance sheet. Smart investors calculate Invesco RAFI's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Invesco RAFI's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Invesco RAFI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco RAFI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco RAFI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.