PIMCO Emerging Correlations

EMLB Etf

USD 130.21 0.15 0.12%

The current 90-days correlation between PIMCO Emerging Markets and Amundi Index Solutions is 0.43 (i.e., Very weak diversification). The correlation of PIMCO 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. If the correlation is 0, the equities are not correlated; they are entirely random.

PIMCO Emerging Correlation With Market

Poor diversification

The correlation between PIMCO Emerging Markets and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PIMCO Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to PIMCO Emerging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PIMCO Emerging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PIMCO Emerging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PIMCO Emerging Markets to buy it.

Moving together with PIMCO Etf

0.82	AUCO	LG Gold Mining	Pair Corr
0.81	GGMUSY	UBS ETF plc	Pair Corr
0.8	GDXJ	VanEck Junior Gold	Pair Corr
0.73	SVUSA	UBS ETF Silver	Pair Corr
0.74	ZSILUS	ZKB Silver ETF	Pair Corr
0.85	IAUP	iShares Gold Producers	Pair Corr
0.81	GDX	VanEck Gold Miners	Pair Corr
0.87	IJPN	iShares MSCI Japan	Pair Corr
0.93	AFLT	Amundi Index Solutions	Pair Corr
0.93	DCUSAS	UBS Fund Solutions	Pair Corr
0.86	C50	Amundi Index Solutions	Pair Corr
0.69	IBZL	iShares MSCI Brazil	Pair Corr
0.74	AWSRIT	UBS ETF plc	Pair Corr
0.91	USMUFE	UBS ETF plc	Pair Corr
0.87	LYLVE	Lyxor Euro Stoxx	Pair Corr
0.72	WHEA	SPDR MSCI World	Pair Corr
0.85	SWDA	iShares Core MSCI	Pair Corr
0.73	STNX	SPDR MSCI Europe	Pair Corr
0.88	DGRA	WisdomTree Quality	Pair Corr
0.89	CISB	iShares Smart City	Pair Corr
0.9	JPESG	UBS ETF plc	Pair Corr
0.96	JEST	JPM EUR Ultra	Pair Corr
0.87	IBTS	iShares Treasury Bond	Pair Corr
0.69	LYFINW	Lyxor MSCI World	Pair Corr
0.89	EUFM	UBSFund Solutions MSCI	Pair Corr
0.82	AWESGG	UBS MSCI ACWI	Pair Corr
0.93	CCEUA	UBS Fund Solutions	Pair Corr
0.94	RGLDOH	Raiffeisen ETF Solid	Pair Corr

Moving against PIMCO Etf

0.83	ASOL	21Shares Solana staking	Pair Corr
0.8	AXRP	21Shares Ripple XRP	Pair Corr
0.68	IEML	iShares JP Morgan	Pair Corr
0.62	EMDL	SPDR Bloomberg Emerging	Pair Corr

Related Correlations Analysis

	WOPA	XSMI	VEVE	SJPA	VWRL	CSBGU3	C50
WOPA		0.87	0.55	0.93	0.61	0.91	0.96	WOPA
XSMI	0.87		0.67	0.85	0.72	0.92	0.9	XSMI
VEVE	0.55	0.67		0.53	0.98	0.47	0.72	VEVE
SJPA	0.93	0.85	0.53		0.58	0.89	0.9	SJPA
VWRL	0.61	0.72	0.98	0.58		0.53	0.77	VWRL
CSBGU3	0.91	0.92	0.47	0.89	0.53		0.85	CSBGU3
C50	0.96	0.9	0.72	0.9	0.77	0.85		C50
	WOPA	XSMI	VEVE	SJPA	VWRL	CSBGU3	C50

PIMCO Emerging Constituents Risk-Adjusted Indicators

There is a big difference between PIMCO Etf performing well and PIMCO 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 PIMCO 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
WOPA	0.54	0.13	0.11	0.80	0.49	(0.64)	1.19	(1.10)	3.45
XSMI	0.45	0.14	0.17	1.05	0.24	(0.56)	1.09	(0.84)	3.60
VEVE	0.69	(0.03)	(0.07)	(0.01)	0.93	(0.68)	1.58	(1.48)	4.06
SJPA	0.87	0.23	0.19	0.94	0.64	(1.06)	1.97	(1.27)	4.18
VWRL	0.58	(0.02)	(0.07)	0.01	0.71	(0.61)	1.19	(1.30)	3.57
CSBGU3	0.05	0.01	(0.89)	(0.42)	0.00	(0.06)	0.13	(0.08)	0.35
C50	0.63	0.09	0.05	0.45	0.64	(0.70)	1.30	(1.09)	3.74

Be your own money manager

Our tools can tell you how much better you can do entering a position in PIMCO Emerging without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Exposure Probability Now

Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets

All Next

Launch Module

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