IShares Treasury Correlations

Etfs . USA . 
Etf . iShares Treasury Bond
GOVT Etf  USD 22.63  0.02  0.09%   
The current 90-days correlation between iShares Treasury Bond and SPDR Barclays Short is 0.77 (i.e., Poor diversification). The correlation of IShares Treasury 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.

IShares Treasury Correlation With Market

Very good diversification

The correlation between iShares Treasury Bond and DJI is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Treasury Bond and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Treasury Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with IShares Etf

  0.99MBB iShares MBS ETFPairCorr
  0.99IEI iShares 3 7 Sell-off TrendPairCorr
  1.0SPTI SPDR Portfolio Inter Sell-off TrendPairCorr
  0.99SPMB SPDR Portfolio MortgagePairCorr
  0.97ITE SPDR Bloomberg Barclays Sell-off TrendPairCorr
  0.99JMBS Janus Henderson MortPairCorr
  1.0FLGV Franklin Liberty TreasuryPairCorr
  0.98MBSD FlexShares DisciplinedPairCorr
  0.95OWNS Quaker Investment TrustPairCorr
  0.98TLT iShares 20 Year Sell-off TrendPairCorr
  0.73JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.7PFE Pfizer Inc Fiscal Year End 4th of February 2025 PairCorr
  0.88KO Coca Cola Aggressive PushPairCorr

Moving against IShares Etf

  0.8IGV iShares Expanded TechPairCorr
  0.77SPY SPDR SP 500PairCorr
  0.77IVV iShares Core SPPairCorr
  0.74MDY SPDR SP MIDCAPPairCorr
  0.73PPA Invesco Aerospace DefensePairCorr
  0.72KRMA Global X ConsciousPairCorr
  0.69GRI GRI BioPairCorr
  0.67SLYV SPDR SP 600PairCorr
  0.6SLYG SPDR SP 600PairCorr
  0.59IXN iShares Global TechPairCorr
  0.85CVX Chevron Corp Fiscal Year End 7th of February 2025 PairCorr
  0.85BAC Bank of America Aggressive PushPairCorr
  0.84STCE Schwab Strategic TrustPairCorr
  0.79HPQ HP IncPairCorr
  0.79AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.72AXP American Express Fiscal Year End 24th of January 2025 PairCorr
  0.69DIS Walt Disney Aggressive PushPairCorr
  0.67INTC Intel Fiscal Year End 23rd of January 2025 PairCorr
  0.63TRV The Travelers Companies Fiscal Year End 17th of January 2025 PairCorr

Related Correlations Analysis

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IShares Treasury Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares Treasury 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 Treasury'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.

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