IShares Core Correlations

AOM Etf

USD 48.45 0.14 0.29%

The current 90-days correlation between iShares Core Moderate and iShares Core Conservative is 0.88 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Core Moderate moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

IShares Core Correlation With Market

Almost no diversification

The correlation between iShares Core Moderate and DJI is 0.95 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Core Moderate and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with IShares Etf

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

Moving together with IShares Etf

0.87	GDMA	Alpha Architect Gdsdn	Pair Corr
0.95	INKM	SPDR SSgA Income	Pair Corr
0.95	FCEF	First Trust Income	Pair Corr
0.99	EAOM	iShares ESG Aware	Pair Corr
0.9	SMH	VanEck Semiconductor ETF	Pair Corr
0.85	UPRO	ProShares UltraPro SP500	Pair Corr
0.85	SPXL	Direxion Daily SP500	Pair Corr
0.88	SOXX	iShares Semiconductor ETF	Pair Corr
0.9	PSI	Invesco Dynamic Semi	Pair Corr
0.86	EMCS	Xtrackers MSCI Emerging	Pair Corr
0.88	FPXE	First Trust IPOX	Pair Corr
0.95	BMAY	Innovator SP 500	Pair Corr
0.77	FSMB	First Trust Short	Pair Corr
0.89	ZHOG	RBB Fund Symbol Change	Pair Corr
0.7	XBI	SPDR SP Biotech Aggressive Push	Pair Corr
0.88	SOXY	YieldMax Target 12	Pair Corr
0.84	GSIG	Goldman Sachs Access	Pair Corr
0.67	IXJ	iShares Global Healthcare	Pair Corr
0.77	PSCT	Invesco SP SmallCap	Pair Corr

Related Correlations Analysis

	IDU	IAI	IDMO	EWA	EEMA	JPEF	SMMD	FLQL	IYJ	AOK
IDU		-0.63	-0.7	-0.04	-0.18	-0.27	-0.51	-0.51	-0.47	-0.41	IDU
IAI	-0.63		0.96	0.61	0.74	0.62	0.93	0.92	0.94	0.92	IAI
IDMO	-0.7	0.96		0.52	0.7	0.51	0.89	0.86	0.9	0.87	IDMO
EWA	-0.04	0.61	0.52		0.72	0.58	0.65	0.65	0.74	0.67	EWA
EEMA	-0.18	0.74	0.7	0.72		0.43	0.75	0.71	0.8	0.8	EEMA
JPEF	-0.27	0.62	0.51	0.58	0.43		0.62	0.86	0.59	0.72	JPEF
SMMD	-0.51	0.93	0.89	0.65	0.75	0.62		0.89	0.96	0.93	SMMD
FLQL	-0.51	0.92	0.86	0.65	0.71	0.86	0.89		0.88	0.94	FLQL
IYJ	-0.47	0.94	0.9	0.74	0.8	0.59	0.96	0.88		0.93	IYJ
AOK	-0.41	0.92	0.87	0.67	0.8	0.72	0.93	0.94	0.93		AOK
	IDU	IAI	IDMO	EWA	EEMA	JPEF	SMMD	FLQL	IYJ	AOK

Please upgrade your account to get full access to Macroaxis premium features

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

IDMO	+ 0.96	IAI
IYJ	+ 0.96	SMMD
IYJ	+ 0.94	IAI
AOK	+ 0.94	FLQL
SMMD	+ 0.93	IAI
AOK	+ 0.93	SMMD

High negative correlations

IDMO	- 0.7	IDU
IAI	- 0.63	IDU
FLQL	- 0.51	IDU
SMMD	- 0.51	IDU
IYJ	- 0.47	IDU
AOK	- 0.41	IDU

IShares Core Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares Core 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 Core'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
IDU	0.60	(0.12)	0.00	(0.23)	0.00	0.00	1.14	(1.28)	3.62
IAI	0.91	0.02	0.03	0.08	1.13	(0.90)	1.58	(2.14)	6.26
IDMO	0.56	0.09	0.10	0.20	0.47	(0.64)	1.37	(1.06)	2.82
EWA	0.68	(0.02)	(0.05)	0.04	0.83	(0.71)	1.38	(1.37)	3.80
EEMA	0.68	0.05	0.03	0.13	0.65	(0.72)	1.40	(1.17)	4.08
JPEF	0.52	(0.04)	(0.07)	0.02	0.79	(0.48)	1.02	(1.21)	3.90
SMMD	0.84	0.03	0.04	0.09	0.88	(0.90)	1.64	(1.56)	3.78
FLQL	0.60	(0.02)	(0.03)	0.05	0.84	(0.57)	1.09	(1.48)	3.87
IYJ	0.74	0.00	0.01	0.07	0.85	(0.73)	1.67	(1.34)	4.14
AOK	0.23	(0.01)	(0.14)	0.04	0.30	(0.25)	0.48	(0.64)	1.74

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC