Alpha Architect Correlations

HIDE Etf

23.55 0.14 0.60%

The current 90-days correlation between Alpha Architect High and Direxion Daily SP500 is 0.06 (i.e., Significant diversification). The correlation of Alpha Architect 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.

Alpha Architect Correlation With Market

Poor diversification

The correlation between Alpha Architect High and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alpha Architect High and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Alpha Etf

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alpha Architect High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.

Moving together with Alpha Etf

0.84	CCOR	Core Alternative ETF	Pair Corr
0.85	SIXH	ETC 6 Meridian	Pair Corr
0.73	VAMO	Cambria Value	Pair Corr
0.75	HEQT	Simplify Exchange Traded	Pair Corr
0.76	CPST	Calamos ETF Trust	Pair Corr
0.8	ITDD	iShares Trust	Pair Corr
0.85	GAL	SPDR SSgA Global	Pair Corr
0.73	DD	Dupont De Nemours Sell-off Trend	Pair Corr
0.78	CAT	Caterpillar	Pair Corr
0.65	WMT	Walmart Common Stock	Pair Corr
0.76	AA	Alcoa Corp	Pair Corr
0.94	XOM	Exxon Mobil Corp Earnings Call Today	Pair Corr
0.67	PFE	Pfizer Inc Earnings Call This Week	Pair Corr

Moving against Alpha Etf

0.84	HPQ	HP Inc	Pair Corr
0.54	MPAY	Exchange Traded Concepts	Pair Corr
0.6	T	ATT Inc Earnings Call This Week	Pair Corr
0.38	MMM	3M Company	Pair Corr

Related Correlations Analysis

	AIQ	THRO	XLB	FPE	IJT	TCAF	VOX	IBB	BBUS	SPXL
AIQ		0.85	0.5	0.62	0.58	0.8	0.54	0.0	0.83	0.78	AIQ
THRO	0.85		0.63	0.74	0.74	0.81	0.82	0.37	0.99	0.83	THRO
XLB	0.5	0.63		0.96	0.9	0.42	0.76	0.7	0.72	0.56	XLB
FPE	0.62	0.74	0.96		0.92	0.48	0.82	0.63	0.82	0.66	FPE
IJT	0.58	0.74	0.9	0.92		0.48	0.84	0.64	0.82	0.62	IJT
TCAF	0.8	0.81	0.42	0.48	0.48		0.45	0.07	0.78	0.65	TCAF
VOX	0.54	0.82	0.76	0.82	0.84	0.45		0.67	0.86	0.65	VOX
IBB	0.0	0.37	0.7	0.63	0.64	0.07	0.67		0.45	0.23	IBB
BBUS	0.83	0.99	0.72	0.82	0.82	0.78	0.86	0.45		0.83	BBUS
SPXL	0.78	0.83	0.56	0.66	0.62	0.65	0.65	0.23	0.83		SPXL
	AIQ	THRO	XLB	FPE	IJT	TCAF	VOX	IBB	BBUS	SPXL

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

BBUS	+ 0.99	THRO
FPE	+ 0.96	XLB
IJT	+ 0.92	FPE
IJT	+ 0.9	XLB
BBUS	+ 0.86	VOX
THRO	+ 0.85	AIQ

High negative correlations

IBB

- 0.0

AIQ

Alpha Architect Constituents Risk-Adjusted Indicators

There is a big difference between Alpha Etf performing well and Alpha Architect 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 Alpha Architect'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
AIQ	0.99	(0.02)	(0.01)	0.03	1.46	(0.95)	1.88	(2.66)	5.95
THRO	0.60	(0.01)	(0.03)	0.04	0.86	(0.57)	1.23	(1.33)	4.03
XLB	0.77	0.13	0.14	0.18	0.65	(0.86)	1.98	(1.50)	3.96
FPE	0.13	0.01	(0.19)	0.09	0.07	(0.14)	0.33	(0.28)	0.78
IJT	0.79	0.00	0.01	0.05	0.93	(0.79)	1.66	(1.53)	4.91
TCAF	0.53	(0.05)	0.00	(0.02)	0.00	0.00	1.06	(1.31)	3.49
VOX	0.73	0.06	0.06	0.14	0.75	(0.86)	1.90	(1.35)	4.23
IBB	0.95	0.14	0.12	0.28	0.82	(1.09)	2.41	(1.62)	5.75
BBUS	0.53	(0.01)	(0.02)	0.04	0.79	(0.50)	1.10	(1.15)	3.60
SPXL	1.61	0.11	0.03	0.41	2.46	(1.50)	3.38	(3.51)	10.69

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