ETFis Series Correlations

PFFR Etf

USD 18.70 0.10 0.54%

The current 90-days correlation between ETFis Series Trust and Virtus InfraCap Preferred is 0.57 (i.e., Very weak diversification). The correlation of ETFis Series 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.

ETFis Series Correlation With Market

Significant diversification

The correlation between ETFis Series Trust and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ETFis Series Trust and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ETFis Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with ETFis Etf

0.81	PFF	iShares Preferred	Pair Corr
0.85	PGX	Invesco Preferred ETF	Pair Corr
0.89	PFFD	Global X Preferred	Pair Corr
0.85	PGF	Invesco Financial	Pair Corr
0.84	PSK	SPDR ICE Preferred	Pair Corr
0.67	PFXF	VanEck Preferred Sec	Pair Corr
0.75	PFFA	Virtus InfraCap Preferred	Pair Corr
0.75	IRET	iREIT MarketVector	Pair Corr
0.77	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.67	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.78	JNJ	Johnson Johnson	Pair Corr

Moving against ETFis Etf

0.63	ARKW	ARK Next Generation	Pair Corr
0.38	BST	BlackRock Science Tech	Pair Corr
0.34	IAUF	IShares	Pair Corr
0.67	BA	Boeing	Pair Corr
0.58	WMT	Walmart Aggressive Push	Pair Corr
0.56	AXP	American Express	Pair Corr
0.55	CSCO	Cisco Systems	Pair Corr
0.36	IBM	International Business Tech Boost	Pair Corr

Related Correlations Analysis

	PFFA	PFXF	PFFD	EPRF	SPFF
PFFA		0.73	0.9	0.86	0.92	PFFA
PFXF	0.73		0.8	0.77	0.72	PFXF
PFFD	0.9	0.8		0.99	0.9	PFFD
EPRF	0.86	0.77	0.99		0.87	EPRF
SPFF	0.92	0.72	0.9	0.87		SPFF
	PFFA	PFXF	PFFD	EPRF	SPFF

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ETFis Series Constituents Risk-Adjusted Indicators

There is a big difference between ETFis Etf performing well and ETFis Series 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 ETFis Series' 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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
PFFA	0.42	(0.02)	(0.18)	0.88	(0.92)	2.19
PFXF	0.42	(0.04)	(0.09)	0.92	(1.03)	2.34
PFFD	0.53	(0.04)	(0.36)	1.00	(1.12)	3.12
EPRF	0.61	(0.05)	(0.47)	1.30	(0.99)	3.73
SPFF	0.45	(0.02)	(0.13)	1.17	(0.93)	2.98

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