Alpha Architect Correlations

HIDE Etf

23.59 0.02 0.08%

The current 90-days correlation between Alpha Architect High and Direxion Daily SP500 is 0.23 (i.e., Modest 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 0.74 (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

0.91	CCOR	Core Alternative ETF	Pair Corr
0.91	SIXH	ETC 6 Meridian	Pair Corr
0.78	VAMO	Cambria Value	Pair Corr
0.73	HEQT	Simplify Exchange Traded	Pair Corr
0.64	USD	ProShares Ultra Semi	Pair Corr
0.78	DFEN	Direxion Daily Aerospace	Pair Corr
0.94	DGP	DB Gold Double	Pair Corr
0.94	DIG	ProShares Ultra Oil	Pair Corr
0.92	UGL	ProShares Ultra Gold	Pair Corr
0.84	NUGT	Direxion Daily Gold	Pair Corr
0.94	MLPR	ETRACS Quarterly Pay	Pair Corr
0.92	DUSL	Direxion Daily Indus	Pair Corr
0.95	FNDC	Schwab Fundamental	Pair Corr
0.93	CHPS	Xtrackers Semiconductor	Pair Corr
0.7	JANW	AIM ETF Products	Pair Corr
0.92	BSMS	Invesco BulletShares 2028	Pair Corr
0.88	DFSD	Dimensional ETF Trust	Pair Corr
0.94	EMES	Harbor ETF Trust	Pair Corr
0.67	PSFD	Pacer Swan SOS	Pair Corr
0.94	PCEM	Litman Gregory Funds	Pair Corr
0.8	PFFA	Virtus InfraCap Preferred	Pair Corr
0.69	BBH	VanEck Biotech ETF	Pair Corr
0.79	CTEX	ProShares SP Kensho Potential Growth	Pair Corr
0.83	SPVM	Invesco SP 500	Pair Corr
0.88	UDI	USCF ETF Trust	Pair Corr
0.88	DOGG	First Trust Exchange Low Volatility	Pair Corr
0.93	SCZ	iShares MSCI EAFE	Pair Corr
0.9	IRTR	iShares Trust	Pair Corr
0.88	JEPI	JPMorgan Equity Premium Sell-off Trend	Pair Corr
0.95	EWT	iShares MSCI Taiwan	Pair Corr
0.76	GAPR	First Trust Exchange	Pair Corr

Moving against Alpha Etf

0.81

FNGU

MicroSectors FANG Index Symbol Change

Pair Corr

Related Correlations Analysis

	AIQ	THRO	XLB	FPE	IJT	TCAF	VOX	IBB	BBUS	SPXL
AIQ		0.92	0.26	0.41	0.46	0.79	0.76	0.46	0.85	0.88	AIQ
THRO	0.92		0.32	0.45	0.56	0.75	0.86	0.58	0.95	0.98	THRO
XLB	0.26	0.32		0.95	0.9	-0.17	0.43	0.67	0.58	0.48	XLB
FPE	0.41	0.45	0.95		0.89	-0.06	0.54	0.63	0.67	0.58	FPE
IJT	0.46	0.56	0.9	0.89		0.05	0.64	0.77	0.76	0.68	IJT
TCAF	0.79	0.75	-0.17	-0.06	0.05		0.48	0.25	0.58	0.65	TCAF
VOX	0.76	0.86	0.43	0.54	0.64	0.48		0.64	0.88	0.86	VOX
IBB	0.46	0.58	0.67	0.63	0.77	0.25	0.64		0.68	0.63	IBB
BBUS	0.85	0.95	0.58	0.67	0.76	0.58	0.88	0.68		0.99	BBUS
SPXL	0.88	0.98	0.48	0.58	0.68	0.65	0.86	0.63	0.99		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

SPXL	+ 0.99	BBUS
SPXL	+ 0.98	THRO
BBUS	+ 0.95	THRO
FPE	+ 0.95	XLB
THRO	+ 0.92	AIQ
IJT	+ 0.9	XLB

High negative correlations

TCAF	- 0.17	XLB
TCAF	- 0.06	FPE

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	1.05	(0.10)	0.00	(0.05)	0.00	0.00	1.87	(2.66)	6.43
THRO	0.64	(0.05)	0.00	(0.03)	0.00	0.00	0.98	(1.60)	4.03
XLB	0.90	0.25	0.23	0.28	0.72	(1.00)	2.11	(1.50)	5.03
FPE	0.12	0.02	(0.09)	1.21	0.00	(0.14)	0.33	(0.28)	0.71
IJT	0.80	0.08	0.09	0.10	0.79	(0.93)	2.30	(1.63)	4.91
TCAF	0.54	(0.09)	0.00	(0.08)	0.00	0.00	1.06	(1.36)	3.28
VOX	0.69	0.00	(0.02)	0.04	0.77	(0.82)	1.90	(1.56)	4.81
IBB	0.96	0.06	0.05	0.13	1.01	(1.09)	2.41	(1.68)	5.75
BBUS	0.56	(0.03)	(0.05)	0.00	0.81	(0.55)	0.99	(1.52)	3.60
SPXL	1.65	(0.10)	0.00	0.00	0.00	0.00	2.93	(4.61)	10.50

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