IShares Inflation Correlations

Etfs . USA . 
Etf . iShares Inflation Hedged
LQDI Etf  USD 26.21  0.08  0.31%   
The current 90-days correlation between iShares Inflation Hedged and iShares Interest Rate is 0.32 (i.e., Weak diversification). The correlation of IShares Inflation 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 Inflation Correlation With Market

Weak diversification

The correlation between iShares Inflation Hedged and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Inflation Hedged and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in iShares Inflation Hedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with IShares Etf

  0.81LQD iShares iBoxx Investment Aggressive PushPairCorr
  0.81IGIB iShares 5 10PairCorr
  0.82USIG iShares Broad USDPairCorr
  0.84SPIB SPDR Barclays IntermPairCorr
  0.82SUSC iShares ESG USDPairCorr
  0.8QLTA iShares AaaPairCorr
  0.82CORP PIMCO Investment GradePairCorr
  0.81FLCO Franklin Liberty InvPairCorr
  0.82GIGB Goldman Sachs AccessPairCorr
  0.81VTC Vanguard Total CorporatePairCorr
  0.71BND Vanguard Total BondPairCorr
  0.74VEA Vanguard FTSE DevelopedPairCorr
  0.8MMM 3M Company Fiscal Year End 28th of January 2025 PairCorr
  0.61KO Coca Cola Sell-off TrendPairCorr
  0.63VZ Verizon Communications Aggressive PushPairCorr

Moving against IShares Etf

  0.57JPM JPMorgan Chase Sell-off TrendPairCorr
  0.47BAC Bank of America Aggressive PushPairCorr
  0.37TRV The Travelers Companies Fiscal Year End 17th of January 2025 PairCorr
  0.35DIS Walt Disney Aggressive PushPairCorr
  0.33CSCO Cisco Systems Aggressive PushPairCorr
  0.32WMT Walmart Aggressive PushPairCorr

Related Correlations Analysis

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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   
IGBH
+ 0.99
LQDH
HYGH
+ 0.97
LQDH
IGBH
+ 0.96
HYGH
BYLD
+ 0.89
IGEB
  
High negative correlations   
IGEB
- 0.69
HYGH
IGEB
- 0.61
LQDH
IGBH
- 0.58
IGEB
BYLD
- 0.3
HYGH
BYLD
- 0.23
LQDH
BYLD
- 0.2
IGBH

IShares Inflation Constituents Risk-Adjusted Indicators

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