IShares MSCI Correlations

ACWV Etf

USD 113.95 0.59 0.52%

The current 90-days correlation between iShares MSCI Global and iShares MSCI Emerging is 0.6 (i.e., Poor diversification). The correlation of IShares MSCI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

IShares MSCI Correlation With Market

Poor diversification

The correlation between iShares MSCI Global and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares MSCI Global and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares MSCI Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing.

Moving together with IShares Etf

0.63	VT	Vanguard Total World	Pair Corr
0.62	ACWI	iShares MSCI ACWI	Pair Corr
0.78	GLOV	Goldman Sachs ActiveBeta	Pair Corr
0.66	SPGM	SPDR Portfolio MSCI	Pair Corr
0.74	ITDD	iShares Trust	Pair Corr
0.79	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.78	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.8	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.75	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr

Related Correlations Analysis

	EEMV	ZFL	EFAV	VUS	XEF
EEMV		-0.11	0.37	0.12	0.79	EEMV
ZFL	-0.11		0.65	-0.64	0.08	ZFL
EFAV	0.37	0.65		-0.74	0.6	EFAV
VUS	0.12	-0.64	-0.74		-0.1	VUS
XEF	0.79	0.08	0.6	-0.1		XEF
	EEMV	ZFL	EFAV	VUS	XEF

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

XEF	+ 0.79	EEMV
EFAV	+ 0.65	ZFL
XEF	+ 0.6	EFAV
EFAV	+ 0.37	EEMV
VUS	+ 0.12	EEMV
XEF	+ 0.08	ZFL

High negative correlations

VUS	- 0.74	EFAV
VUS	- 0.64	ZFL
ZFL	- 0.11	EEMV
XEF	- 0.1	VUS

IShares MSCI Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares MSCI 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 MSCI'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	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
EEMV	0.52	(0.04)	(0.07)	0.00	0.00	1.23	(1.09)	3.35
ZFL	0.56	(0.08)	0.58	0.00	0.00	1.28	(1.06)	3.27
EFAV	0.47	(0.10)	(0.30)	0.00	0.00	0.84	(0.98)	3.27
VUS	0.55	0.06	0.27	0.62	(0.61)	1.04	(1.31)	4.19
XEF	0.53	(0.04)	(0.93)	0.00	0.00	0.99	(1.03)	3.85

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