BrandywineGLOBAL Correlations

DVAL Etf

USD 14.75 0.20 1.37%

The current 90-days correlation between BrandywineGLOBAL D and Martin Currie Sustainable is -0.09 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BrandywineGLOBAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BrandywineGLOBAL Dynamic moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

BrandywineGLOBAL Correlation With Market

Good diversification

The correlation between BrandywineGLOBAL Dynamic and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BrandywineGLOBAL Dynamic and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BrandywineGLOBAL Dynamic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with BrandywineGLOBAL Etf

0.76	VTV	Vanguard Value Index	Pair Corr
0.78	VYM	Vanguard High Dividend	Pair Corr
0.77	IWD	iShares Russell 1000	Pair Corr
0.75	DGRO	iShares Core Dividend	Pair Corr
0.74	IVE	iShares SP 500	Pair Corr
0.7	DVY	iShares Select Dividend	Pair Corr
0.74	SPYV	SPDR Portfolio SP	Pair Corr
0.65	FVD	First Trust Value	Pair Corr
0.75	IUSV	iShares Core SP	Pair Corr
0.73	DIG	ProShares Ultra Oil	Pair Corr
0.77	USD	ProShares Ultra Semi Potential Growth	Pair Corr
0.68	YCS	ProShares UltraShort Yen Potential Growth	Pair Corr
0.67	TBT	ProShares UltraShort	Pair Corr
0.71	ATMP	Barclays ETN Select Low Volatility	Pair Corr
0.63	AMZA	InfraCap MLP ETF	Pair Corr
0.68	HD	Home Depot	Pair Corr
0.72	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.64	BAC	Bank of America Aggressive Push	Pair Corr
0.67	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.79	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.77	CSCO	Cisco Systems	Pair Corr
0.65	DIS	Walt Disney Aggressive Push	Pair Corr
0.8	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

Moving against BrandywineGLOBAL Etf

0.47	NRGU	Bank Of Montreal	Pair Corr
0.72	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.6	KO	Coca Cola Aggressive Push	Pair Corr
0.53	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.28	0.57	-0.02	0.62	0.02	0.71	0.3	-0.57	0.73	META
MSFT	0.28		0.24	0.13	0.18	-0.02	0.02	-0.17	0.11	-0.19	MSFT
UBER	0.57	0.24		-0.01	0.05	0.25	0.08	-0.07	0.02	0.38	UBER
F	-0.02	0.13	-0.01		-0.04	-0.36	0.32	0.6	-0.22	0.26	F
T	0.62	0.18	0.05	-0.04		-0.46	0.71	0.45	-0.75	0.39	T
A	0.02	-0.02	0.25	-0.36	-0.46		-0.47	-0.65	0.63	0.0	A
CRM	0.71	0.02	0.08	0.32	0.71	-0.47		0.81	-0.92	0.68	CRM
JPM	0.3	-0.17	-0.07	0.6	0.45	-0.65	0.81		-0.82	0.49	JPM
MRK	-0.57	0.11	0.02	-0.22	-0.75	0.63	-0.92	-0.82		-0.56	MRK
XOM	0.73	-0.19	0.38	0.26	0.39	0.0	0.68	0.49	-0.56		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

JPM	+ 0.81	CRM
XOM	+ 0.73	META
CRM	+ 0.71	META
CRM	+ 0.71	T
XOM	+ 0.68	CRM
MRK	+ 0.63	A

High negative correlations

MRK	- 0.92	CRM
MRK	- 0.82	JPM
MRK	- 0.75	T
JPM	- 0.65	A
MRK	- 0.57	META
XOM	- 0.56	MRK

BrandywineGLOBAL Competition Risk-Adjusted Indicators

There is a big difference between BrandywineGLOBAL Etf performing well and BrandywineGLOBAL 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 BrandywineGLOBAL'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
META	1.05	0.01	(0.01)	0.12	1.40	(1.14)	2.62	(3.15)	8.02
MSFT	0.90	(0.11)	0.00	(0.05)	0.00	0.00	2.09	(2.02)	8.19
UBER	1.56	(0.16)	0.00	(0.06)	0.00	0.00	2.53	(2.44)	20.10
F	1.39	(0.12)	(0.03)	0.02	2.20	(1.34)	2.53	(2.90)	11.72
T	0.92	0.26	0.15	57.17	0.86	(1.04)	2.56	(1.72)	6.47
A	1.12	(0.13)	0.00	(0.16)	0.00	0.00	2.29	(2.42)	9.02
CRM	1.28	0.27	0.23	0.33	0.92	(1.51)	3.18	(1.91)	9.09
JPM	1.11	0.03	0.07	0.12	1.44	(1.15)	2.05	(2.00)	15.87
MRK	0.85	(0.24)	0.00	(1.03)	0.00	0.00	1.73	(2.13)	4.89
XOM	1.04	0.06	0.01	0.20	1.20	(1.10)	2.14	(2.09)	5.78

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