Foundations Dynamic Correlations

FDCE Etf

12.00 0.21 1.72%

The current 90-days correlation between Foundations Dynamic Core and Strategy Shares is 0.28 (i.e., Modest diversification). The correlation of Foundations Dynamic 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.

Foundations Dynamic Correlation With Market

Almost no diversification

The correlation between Foundations Dynamic Core and DJI is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Foundations Dynamic Core 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 Foundations Dynamic Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Foundations Etf

0.99	VTI	Vanguard Total Stock	Pair Corr
0.98	SPY	SPDR SP 500	Pair Corr
0.98	IVV	iShares Core SP	Pair Corr
0.77	VIG	Vanguard Dividend	Pair Corr
0.98	VV	Vanguard Large Cap	Pair Corr
0.86	RSP	Invesco SP 500	Pair Corr
0.98	IWB	iShares Russell 1000	Pair Corr
0.99	ESGU	iShares ESG Aware	Pair Corr
0.99	DFAC	Dimensional Core Equity	Pair Corr
0.98	SPLG	SPDR Portfolio SP	Pair Corr
0.99	UPRO	ProShares UltraPro SP500	Pair Corr
0.95	QTJA	Innovator ETFs Trust	Pair Corr
0.96	QTOC	Innovator ETFs Trust	Pair Corr
0.95	XTOC	Innovator ETFs Trust	Pair Corr
0.94	XTJA	Innovator ETFs Trust	Pair Corr
0.74	JPM	JPMorgan Chase	Pair Corr
0.93	HD	Home Depot	Pair Corr
0.97	AXP	American Express	Pair Corr
0.74	CAT	Caterpillar	Pair Corr
0.84	DIS	Walt Disney	Pair Corr
0.91	BAC	Bank of America	Pair Corr
0.81	MSFT	Microsoft	Pair Corr

Moving against Foundations Etf

0.51	GDXU	MicroSectors Gold Miners	Pair Corr
0.73	VZ	Verizon Communications Sell-off Trend	Pair Corr
0.64	JNJ	Johnson Johnson	Pair Corr
0.61	KO	Coca Cola Aggressive Push	Pair Corr
0.5	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.42	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.33	PG	Procter Gamble Sell-off Trend	Pair Corr

Related Correlations Analysis

	DHSB	MBOX	DIEM	MCHI	DIPS	DISO	DIVB	DIVD	DIVG
DHSB		-0.13	-0.03	0.02	0.13	-0.05	-0.09	0.01	-0.05	DHSB
MBOX	-0.13		0.27	0.08	-0.33	0.48	0.92	0.26	0.78	MBOX
DIEM	-0.03	0.27		0.87	0.21	-0.43	0.48	0.79	0.64	DIEM
MCHI	0.02	0.08	0.87		0.53	-0.57	0.4	0.93	0.59	MCHI
DIPS	0.13	-0.33	0.21	0.53		-0.61	-0.03	0.61	0.15	DIPS
DISO	-0.05	0.48	-0.43	-0.57	-0.61		0.3	-0.55	0.03	DISO
DIVB	-0.09	0.92	0.48	0.4	-0.03	0.3		0.55	0.94	DIVB
DIVD	0.01	0.26	0.79	0.93	0.61	-0.55	0.55		0.73	DIVD
DIVG	-0.05	0.78	0.64	0.59	0.15	0.03	0.94	0.73		DIVG
	DHSB	MBOX	DIEM	MCHI	DIPS	DISO	DIVB	DIVD	DIVG

Click cells to compare fundamentals

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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

DIVG	+ 0.94	DIVB
DIVD	+ 0.93	MCHI
DIVB	+ 0.92	MBOX
MCHI	+ 0.87	DIEM
DIVD	+ 0.79	DIEM
DIVG	+ 0.78	MBOX

High negative correlations

DISO	- 0.61	DIPS
DISO	- 0.57	MCHI
DIVD	- 0.55	DISO
DISO	- 0.43	DIEM
DIPS	- 0.33	MBOX
MBOX	- 0.13	DHSB

Foundations Dynamic Constituents Risk-Adjusted Indicators

There is a big difference between Foundations Etf performing well and Foundations Dynamic 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 Foundations Dynamic'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
DHSB	0.38	(0.09)	0.00	(0.64)	0.00	0.00	0.82	(0.77)	1.68
MBOX	0.65	0.04	0.06	0.00	0.81	(0.64)	1.27	(1.40)	2.74
DIEM	0.69	0.05	0.09	0.04	0.84	(0.74)	1.43	(1.77)	4.39
MCHI	1.37	0.25	0.18	0.48	1.43	(1.65)	2.63	(2.72)	7.91
DIPS	2.28	0.16	0.10	(0.19)	2.67	(2.50)	5.35	(4.30)	23.91
DISO	0.91	(0.11)	0.00	(0.18)	0.00	0.00	1.47	(2.12)	6.61
DIVB	0.63	0.06	0.09	0.03	0.76	(0.66)	1.16	(1.24)	3.13
DIVD	0.55	0.17	0.32	0.25	0.40	(0.67)	1.36	(0.88)	3.37
DIVG	0.55	0.08	0.14	0.07	0.61	(0.58)	1.12	(1.13)	2.86

Trending Assets

DIPS

Tidal Trust II

12.46 0.01 0.08

DIVB

iShares Dividend

47.96 -0.6 -1.24

MBOX

Freedom Day Dividend

32.83 -0.53 -1.59

DISO

Tidal Trust II

14.22 -0.3 -2.07

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