IShares I Correlations

EXV2 Etf

EUR 28.20 0.25 0.88%

The current 90-days correlation between iShares I and Xtrackers II is 0.22 (i.e., Modest diversification). The correlation of IShares I 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 I Correlation With Market

Poor diversification

The correlation between iShares I and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares I and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to IShares I could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares I 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 IShares I - 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 iShares I to buy it.

Moving together with IShares Etf

0.68	DXSG	Xtrackers Stoxx	Pair Corr
0.61	S7XE	Invesco EURO STOXX	Pair Corr
0.68	EXV1	iShares STOXX Europe	Pair Corr
0.65	SC0U	Invesco Markets plc	Pair Corr
0.7	AMEE	Amundi ETF MSCI	Pair Corr
0.7	EL4T	Deka Deutsche Brse	Pair Corr
0.78	DX2X	Xtrackers Stoxx	Pair Corr
0.62	X03F	db x trackers	Pair Corr
0.9	LM9E	BNP Paribas Easy	Pair Corr
0.72	XESC	Xtrackers EURO STOXX	Pair Corr
0.7	CMOE	Invesco Bloomberg	Pair Corr
0.73	GSXG	Goldman Sachs Global	Pair Corr
0.93	T3MP	JPMorgan ETFs ICAV	Pair Corr
0.82	GQEU	Goldman Sachs Alpha	Pair Corr
0.85	ZPRA	SPDR SP Pan	Pair Corr
0.61	SPYY	SSgA SPDR ETFs	Pair Corr
0.85	VALD	BNP Paribas Easy	Pair Corr
0.82	PRAM	Amundi Prime Emerging	Pair Corr
0.86	DBX8	Xtrackers MSCI	Pair Corr
0.84	EXSD	iShares STOXX Europe	Pair Corr
0.65	EXX7	iShares Nikkei 225	Pair Corr
0.65	EUN8	iShares Govt Bond	Pair Corr
0.92	IUS4	iShares III Public	Pair Corr
0.74	EXV4	iShares STOXX Europe	Pair Corr
0.85	JEAA	JPM EUR Aggregate	Pair Corr
0.73	XYPD	Xtrackers II	Pair Corr
0.85	SPYC	SSgA SPDR ETFs	Pair Corr
0.89	EGV3	MULTI UNITS LUXEMBOURG	Pair Corr
0.63	IUS2	iShares SP Banks	Pair Corr
0.61	VWCE	Vanguard FTSE All	Pair Corr

Moving against IShares Etf

0.54

DBPD

Xtrackers ShortDAX

Pair Corr

Related Correlations Analysis

	EXV2	H410	EXX7	DBX4	C099	ETLX	LYBK	DBXR
EXV2		0.67	0.65	0.6	0.59	0.59	0.59	0.76	EXV2
H410	0.67		0.8	0.86	0.63	0.9	0.53	0.71	H410
EXX7	0.65	0.8		0.76	0.3	0.66	0.22	0.66	EXX7
DBX4	0.6	0.86	0.76		0.64	0.81	0.53	0.55	DBX4
C099	0.59	0.63	0.3	0.64		0.74	0.86	0.47	C099
ETLX	0.59	0.9	0.66	0.81	0.74		0.66	0.55	ETLX
LYBK	0.59	0.53	0.22	0.53	0.86	0.66		0.3	LYBK
DBXR	0.76	0.71	0.66	0.55	0.47	0.55	0.3		DBXR
	EXV2	H410	EXX7	DBX4	C099	ETLX	LYBK	DBXR

IShares I Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares I 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 I'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
EXV2	0.65	0.26	0.31	(0.94)	0.19	(0.82)	1.98	(1.13)	3.63
H410	0.69	0.17	0.18	(2.60)	0.47	(0.86)	1.58	(0.94)	4.25
EXX7	1.00	0.19	0.16	0.27	0.89	(1.17)	3.33	(1.91)	6.54
DBX4	0.71	0.22	0.17	0.83	0.74	(0.81)	2.00	(1.39)	5.65
C099	1.42	0.19	0.06	0.46	2.08	(1.37)	2.82	(2.72)	12.73
ETLX	2.32	0.44	0.13	2.32	2.79	(2.42)	4.65	(3.89)	15.47
LYBK	1.06	0.11	0.06	0.38	1.40	(1.03)	1.88	(2.41)	5.64
DBXR	0.10	0.01	(0.28)	(0.09)	0.07	(0.10)	0.19	(0.20)	0.56

Be your own money manager

Our tools can tell you how much better you can do entering a position in IShares I 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 Instant Ratings Now

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance

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