Avantis Real Correlations

AVRE Etf

USD 45.08 0.24 0.54%

The current 90-days correlation between Avantis Real Estate and iShares International Treasury is 0.59 (i.e., Very weak diversification). The correlation of Avantis Real 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.

Avantis Real Correlation With Market

Average diversification

The correlation between Avantis Real Estate and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Avantis Real Estate 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 Avantis Real Estate. 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 Avantis Etf

0.97	REET	iShares Global REIT	Pair Corr
0.99	RWO	SPDR Dow Jones	Pair Corr
0.85	HAUZ	Xtrackers International	Pair Corr
0.87	RWX	SPDR Dow Jones	Pair Corr
0.88	GQRE	FlexShares Global Quality	Pair Corr
0.88	IFGL	iShares International	Pair Corr
0.95	WTRE	WisdomTree New Economy	Pair Corr
0.88	BND	Vanguard Total Bond	Pair Corr
0.71	VEA	Vanguard FTSE Developed	Pair Corr
0.64	PG	Procter Gamble	Pair Corr
0.74	VZ	Verizon Communications Aggressive Push	Pair Corr
0.81	KO	Coca Cola Aggressive Push	Pair Corr
0.71	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Moving against Avantis Etf

0.63	BTC	Grayscale Bitcoin Mini	Pair Corr
0.53	VUG	Vanguard Growth Index	Pair Corr
0.52	VB	Vanguard Small Cap	Pair Corr
0.49	VTI	Vanguard Total Stock	Pair Corr
0.48	VO	Vanguard Mid Cap	Pair Corr
0.47	SPY	SPDR SP 500 Aggressive Push	Pair Corr
0.47	IVV	iShares Core SP	Pair Corr
0.43	DRW	DRW	Pair Corr
0.33	VTV	Vanguard Value Index	Pair Corr
0.71	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.69	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.67	MSTY	YieldMax MSTR Option	Pair Corr
0.58	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.52	DIS	Walt Disney	Pair Corr
0.49	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.47	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.46	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.43	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.41	WMT	Walmart Aggressive Push	Pair Corr

Related Correlations Analysis

	IGOV	ISHG	RWX	EEMS
IGOV		0.99	0.97	0.64	IGOV
ISHG	0.99		0.96	0.7	ISHG
RWX	0.97	0.96		0.71	RWX
EEMS	0.64	0.7	0.71		EEMS
	IGOV	ISHG	RWX	EEMS

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Avantis Real Constituents Risk-Adjusted Indicators

There is a big difference between Avantis Etf performing well and Avantis Real 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 Avantis Real'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	Potential Upside	Value @Risk	Maximum Drawdown
IGOV	0.40	(0.07)	0.74	0.93	(0.83)	3.17
ISHG	0.31	(0.07)	0.81	0.53	(0.57)	2.67
RWX	0.67	(0.16)	(0.61)	1.38	(1.40)	4.38
EEMS	0.63	(0.10)	(0.10)	1.62	(1.39)	4.15

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