IShares Cohen Correlations

ICF Etf

USD 64.53 0.45 0.70%

The current 90-days correlation between iShares Cohen Steers and Gladstone Commercial is 0.61 (i.e., Poor diversification). The correlation of IShares Cohen 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 Cohen Correlation With Market

Significant diversification

The correlation between iShares Cohen Steers and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Cohen Steers 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 Cohen Steers. 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 IShares Etf

0.98	VNQ	Vanguard Real Estate	Pair Corr
0.99	XLRE	Real Estate	Pair Corr
0.99	IYR	iShares Real Estate	Pair Corr
0.94	USRT	iShares Core REIT	Pair Corr
0.87	IRET	Tidal Trust II	Pair Corr
0.84	GREI	Goldman Sachs Future	Pair Corr
0.61	PG	Procter Gamble	Pair Corr
0.73	VZ	Verizon Communications Aggressive Push	Pair Corr

Moving against IShares Etf

0.43	MORE	MORE	Pair Corr
0.38	RTL	Pacer Financial	Pair Corr
0.34	FNTC	Direxion	Pair Corr
0.43	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.38	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr

Related Correlations Analysis

	GOOD	WPC	PKST	CTO	GNL	BRSP	NXDT	BNL	OLP	CTO-PA
GOOD		-0.38	0.33	0.74	-0.53	0.48	0.08	-0.26	0.92	0.69	GOOD
WPC	-0.38		0.52	-0.41	0.83	-0.48	0.66	0.82	-0.21	-0.33	WPC
PKST	0.33	0.52		0.28	0.49	0.07	0.74	0.55	0.49	0.26	PKST
CTO	0.74	-0.41	0.28		-0.37	0.5	-0.04	-0.28	0.72	0.47	CTO
GNL	-0.53	0.83	0.49	-0.37		-0.54	0.58	0.83	-0.37	-0.36	GNL
BRSP	0.48	-0.48	0.07	0.5	-0.54		-0.02	-0.6	0.6	0.07	BRSP
NXDT	0.08	0.66	0.74	-0.04	0.58	-0.02		0.62	0.24	-0.03	NXDT
BNL	-0.26	0.82	0.55	-0.28	0.83	-0.6	0.62		-0.17	0.03	BNL
OLP	0.92	-0.21	0.49	0.72	-0.37	0.6	0.24	-0.17		0.51	OLP
CTO-PA	0.69	-0.33	0.26	0.47	-0.36	0.07	-0.03	0.03	0.51		CTO-PA
	GOOD	WPC	PKST	CTO	GNL	BRSP	NXDT	BNL	OLP	CTO-PA

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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

OLP	+ 0.92	GOOD
GNL	+ 0.83	WPC
BNL	+ 0.83	GNL
BNL	+ 0.82	WPC
CTO	+ 0.74	GOOD
NXDT	+ 0.74	PKST

High negative correlations

BNL	- 0.6	BRSP
BRSP	- 0.54	GNL
GNL	- 0.53	GOOD
BRSP	- 0.48	WPC
CTO	- 0.41	WPC
WPC	- 0.38	GOOD

IShares Cohen Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares Cohen 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 Cohen'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
GOOD	0.89	0.22	0.18	0.62	0.61	(1.11)	1.94	(1.58)	8.00
WPC	0.80	(0.04)	0.00	(0.16)	0.00	0.00	1.73	(1.57)	4.41
PKST	2.10	(0.03)	0.01	0.07	2.53	(2.42)	5.78	(4.28)	15.24
CTO	1.19	0.06	0.00	0.34	2.20	(1.24)	2.27	(1.54)	19.07
GNL	1.03	(0.19)	0.00	(0.21)	0.00	0.00	2.45	(2.67)	6.60
BRSP	1.42	0.09	0.05	0.17	1.44	(1.66)	3.10	(2.74)	22.56
NXDT	1.76	(0.08)	(0.03)	0.01	1.98	(2.18)	4.22	(3.64)	11.44
BNL	0.78	(0.07)	0.00	(0.09)	0.00	0.00	1.61	(1.71)	5.03
OLP	1.07	0.08	0.07	0.17	1.00	(1.23)	2.55	(1.97)	7.70
CTO-PA	0.99	0.10	0.02	0.70	1.26	(1.02)	2.11	(2.43)	7.56

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