IShares MSCI Correlations

EMGF Etf

USD 65.05 0.31 0.48%

The current 90-days correlation between iShares MSCI Emerging and JPMorgan International Bond is 0.4 (i.e., Very weak 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.

IShares MSCI Correlation With Market

Very poor diversification

The correlation between iShares MSCI Emerging and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares MSCI Emerging and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with IShares Etf

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

Moving together with IShares Etf

0.99	VWO	Vanguard FTSE Emerging Sell-off Trend	Pair Corr
1.0	IEMG	iShares Core MSCI Aggressive Push	Pair Corr
0.99	EMC	Global X Funds	Pair Corr
1.0	EEM	iShares MSCI Emerging Aggressive Push	Pair Corr
1.0	SPEM	SPDR Portfolio Emerging Sell-off Trend	Pair Corr
0.99	FNDE	Schwab Fundamental Sell-off Trend	Pair Corr
1.0	ESGE	iShares ESG Aware	Pair Corr
0.97	SFGRX	Seafarer Overseas	Pair Corr
0.98	DGS	WisdomTree Emerging	Pair Corr
1.0	XSOE	WisdomTree Emerging	Pair Corr
0.84	DHF	BNY Mellon High	Pair Corr
0.95	ARP	Advisors Inner Circle	Pair Corr
0.77	PXMV	Invesco SP MidCap	Pair Corr
0.83	IGA	Voya Global Advantage	Pair Corr
0.91	FPXE	First Trust IPOX	Pair Corr
0.97	CHPS	Xtrackers Semiconductor	Pair Corr
0.88	REGL	ProShares SP MidCap	Pair Corr
0.81	WDNA	WisdomTree BioRevolution	Pair Corr
0.99	STXE	EA Series Trust	Pair Corr
0.86	UDI	USCF ETF Trust	Pair Corr
0.78	XAUG	FT Cboe Vest	Pair Corr
0.87	DFSD	Dimensional ETF Trust	Pair Corr
0.75	FB	ProShares Trust ProShares	Pair Corr
0.64	TERG	Leverage Shares 2X	Pair Corr
0.84	NCPB	Nuveen Core Plus	Pair Corr
0.93	IRTR	iShares Trust	Pair Corr
0.68	FXC	Invesco CurrencyShares	Pair Corr
0.65	WEBS	Direxion Daily Dow	Pair Corr
0.97	CCNR	CoreCommodity Natural	Pair Corr
0.95	EURL	Direxion Daily FTSE	Pair Corr
0.97	NBCE	Neuberger Berman ETF	Pair Corr
0.85	SPVM	Invesco SP 500	Pair Corr
0.89	IQSZ	Invesco Actively Managed	Pair Corr

Moving against IShares Etf

0.7	ENTR	EntrepreneurShares	Pair Corr
0.37	PLT	Defiance Leveraged Long	Pair Corr

Related Correlations Analysis

	RODM	XCEM	DFEV	DHS	SDOG	PWV	JEMA	IGRO	FSTA	JPIB
RODM		0.96	0.95	0.97	0.98	0.97	0.95	0.99	0.91	0.95	RODM
XCEM	0.96		0.99	0.93	0.94	0.91	1.0	0.97	0.88	0.97	XCEM
DFEV	0.95	0.99		0.93	0.93	0.9	0.99	0.95	0.9	0.95	DFEV
DHS	0.97	0.93	0.93		0.99	0.97	0.92	0.95	0.97	0.93	DHS
SDOG	0.98	0.94	0.93	0.99		0.97	0.93	0.97	0.95	0.94	SDOG
PWV	0.97	0.91	0.9	0.97	0.97		0.91	0.95	0.9	0.92	PWV
JEMA	0.95	1.0	0.99	0.92	0.93	0.91		0.96	0.88	0.96	JEMA
IGRO	0.99	0.97	0.95	0.95	0.97	0.95	0.96		0.9	0.97	IGRO
FSTA	0.91	0.88	0.9	0.97	0.95	0.9	0.88	0.9		0.88	FSTA
JPIB	0.95	0.97	0.95	0.93	0.94	0.92	0.96	0.97	0.88		JPIB
	RODM	XCEM	DFEV	DHS	SDOG	PWV	JEMA	IGRO	FSTA	JPIB

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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	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RODM	0.50	0.16	0.21	0.38	0.24	(0.58)	1.08	(0.85)	2.57
XCEM	0.70	0.21	0.22	0.42	0.55	(0.83)	1.94	(1.23)	4.34
DFEV	0.57	0.15	0.18	0.38	0.38	(0.67)	1.63	(0.94)	3.43
DHS	0.54	0.18	0.31	0.42	0.00	(0.68)	1.43	(0.78)	2.35
SDOG	0.64	0.18	0.23	0.31	0.35	(0.76)	1.56	(1.11)	3.59
PWV	0.51	0.07	0.08	0.17	0.40	(0.59)	1.15	(1.03)	2.49
JEMA	0.73	0.16	0.15	0.30	0.67	(0.84)	1.58	(1.27)	4.92
IGRO	0.54	0.13	0.16	0.27	0.42	(0.60)	0.96	(0.90)	2.76
FSTA	0.61	0.22	0.30	1.16	0.00	(0.74)	1.42	(0.87)	3.21
JPIB	0.09	0.02	(0.33)	0.32	0.00	(0.10)	0.17	(0.19)	0.55

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