IShares Emerging Correlations

EMIF Etf

USD 27.04 0.43 1.62%

The current 90-days correlation between iShares Emerging Markets and iShares Environmentally Aware is 0.37 (i.e., Weak diversification). The correlation of IShares Emerging 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 Emerging Correlation With Market

Average diversification

The correlation between iShares Emerging Markets 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 iShares Emerging Markets 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 Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with IShares Etf

0.73	FNDE	Schwab Fundamental	Pair Corr
0.81	SFGRX	Seafarer Overseas	Pair Corr
0.72	DDFO	Innovator Equity Dual Sell-off Trend	Pair Corr
0.65	CSCO	Cisco Systems	Pair Corr
0.7	TRV	The Travelers Companies	Pair Corr
0.74	MRK	Merck Company	Pair Corr
0.64	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.62	CAT	Caterpillar	Pair Corr
0.62	JNJ	Johnson Johnson	Pair Corr
0.69	BAC	Bank of America	Pair Corr

Moving against IShares Etf

0.57	HD	Home Depot	Pair Corr
0.49	EMC	Global X Funds	Pair Corr
0.65	HPQ	HP Inc	Pair Corr
0.53	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	ERET	ESMV	BRAZ	DIVG	IVRS	MAPP	FDTS	VICE	BNKD	MOTO
ERET		0.53	-0.01	0.35	0.29	0.38	0.2	0.28	-0.04	0.07	ERET
ESMV	0.53		0.03	0.64	0.34	0.46	0.4	0.4	-0.24	0.21	ESMV
BRAZ	-0.01	0.03		0.22	-0.59	0.41	0.57	-0.37	-0.64	0.37	BRAZ
DIVG	0.35	0.64	0.22		0.09	0.61	0.74	0.18	-0.55	0.45	DIVG
IVRS	0.29	0.34	-0.59	0.09		-0.26	-0.39	0.9	0.37	-0.27	IVRS
MAPP	0.38	0.46	0.41	0.61	-0.26		0.9	-0.24	-0.65	0.76	MAPP
FDTS	0.2	0.4	0.57	0.74	-0.39	0.9		-0.28	-0.8	0.68	FDTS
VICE	0.28	0.4	-0.37	0.18	0.9	-0.24	-0.28		0.17	-0.32	VICE
BNKD	-0.04	-0.24	-0.64	-0.55	0.37	-0.65	-0.8	0.17		-0.51	BNKD
MOTO	0.07	0.21	0.37	0.45	-0.27	0.76	0.68	-0.32	-0.51		MOTO
	ERET	ESMV	BRAZ	DIVG	IVRS	MAPP	FDTS	VICE	BNKD	MOTO

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

VICE	+ 0.9	IVRS
FDTS	+ 0.9	MAPP
MOTO	+ 0.76	MAPP
FDTS	+ 0.74	DIVG
MOTO	+ 0.68	FDTS
DIVG	+ 0.64	ESMV

High negative correlations

BNKD	- 0.8	FDTS
BNKD	- 0.65	MAPP
BNKD	- 0.64	BRAZ
IVRS	- 0.59	BRAZ
BNKD	- 0.55	DIVG
MOTO	- 0.51	BNKD

IShares Emerging Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares Emerging 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 Emerging'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
ERET	0.44	0.00	(0.10)	0.02	0.69	(0.38)	0.90	(0.99)	2.81
ESMV	0.50	(0.05)	0.00	(0.04)	0.00	0.00	0.81	(0.86)	7.02
BRAZ	1.03	0.12	0.06	0.22	1.55	(1.08)	2.29	(2.26)	9.07
DIVG	0.54	0.00	(0.08)	0.07	0.68	(0.58)	1.07	(1.17)	2.76
IVRS	0.96	(0.22)	0.00	(0.13)	0.00	0.00	1.75	(2.03)	8.70
MAPP	0.43	0.00	(0.05)	0.07	0.52	(0.43)	0.88	(0.86)	2.42
FDTS	0.69	0.04	0.02	0.12	0.80	(0.77)	1.40	(1.30)	4.32
VICE	0.68	(0.21)	0.00	(0.27)	0.00	0.00	1.55	(1.69)	3.54
BNKD	2.54	(0.68)	0.00	1.12	0.00	0.00	6.38	(6.04)	15.76
MOTO	1.00	0.09	0.02	0.46	1.38	(0.96)	1.95	(2.60)	5.89

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