Principal Small Correlations

PSC Etf

USD 58.97 0.93 1.60%

The current 90-days correlation between Principal Small Cap and EA Series Trust is -0.01 (i.e., Good diversification). The correlation of Principal Small 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.

Principal Small Correlation With Market

Good diversification

The correlation between Principal Small Cap Multi Fact and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Principal Small Cap Multi Fact and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Principal Etf

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

Moving together with Principal Etf

0.79	VB	Vanguard Small Cap	Pair Corr
0.98	IJR	iShares Core SP	Pair Corr
0.95	IWM	iShares Russell 2000	Pair Corr
0.93	VRTIX	Vanguard Russell 2000	Pair Corr
0.95	VTWO	Vanguard Russell 2000	Pair Corr
0.98	FNDA	Schwab Fundamental Small	Pair Corr
0.83	SPSM	SPDR Portfolio SP	Pair Corr
0.98	DFAS	Dimensional Small Cap	Pair Corr
0.98	VIOO	Vanguard SP Small	Pair Corr
0.97	PRFZ	Invesco FTSE RAFI	Pair Corr
0.81	QTJA	Innovator ETFs Trust	Pair Corr
0.82	QTOC	Innovator ETFs Trust	Pair Corr
0.89	XTOC	Innovator ETFs Trust	Pair Corr
0.67	QTAP	Innovator Growth 100	Pair Corr
0.67	XTAP	Innovator Equity Acc	Pair Corr
0.68	WMT	Walmart Common Stock Sell-off Trend	Pair Corr
0.63	AA	Alcoa Corp	Pair Corr

Moving against Principal Etf

0.39

MSFT

Microsoft Sell-off Trend

Pair Corr

Related Correlations Analysis

	CCMG	TMSL	FNDB	APIE	IYE	RWK	DIVB	CGMM	BKIE	JHML
CCMG		-0.4	-0.39	-0.18	-0.03	-0.46	-0.48	-0.43	-0.4	-0.34	CCMG
TMSL	-0.4		0.95	0.83	0.36	0.98	0.96	0.98	0.9	0.79	TMSL
FNDB	-0.39	0.95		0.83	0.52	0.94	0.97	0.9	0.93	0.83	FNDB
APIE	-0.18	0.83	0.83		0.32	0.79	0.82	0.84	0.94	0.77	APIE
IYE	-0.03	0.36	0.52	0.32		0.35	0.47	0.26	0.41	0.49	IYE
RWK	-0.46	0.98	0.94	0.79	0.35		0.96	0.97	0.89	0.76	RWK
DIVB	-0.48	0.96	0.97	0.82	0.47	0.96		0.93	0.94	0.83	DIVB
CGMM	-0.43	0.98	0.9	0.84	0.26	0.97	0.93		0.9	0.76	CGMM
BKIE	-0.4	0.9	0.93	0.94	0.41	0.89	0.94	0.9		0.82	BKIE
JHML	-0.34	0.79	0.83	0.77	0.49	0.76	0.83	0.76	0.82		JHML
	CCMG	TMSL	FNDB	APIE	IYE	RWK	DIVB	CGMM	BKIE	JHML

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

RWK	+ 0.98	TMSL
CGMM	+ 0.98	TMSL
DIVB	+ 0.97	FNDB
CGMM	+ 0.97	RWK
DIVB	+ 0.96	TMSL
DIVB	+ 0.96	RWK

High negative correlations

DIVB	- 0.48	CCMG
RWK	- 0.46	CCMG
CGMM	- 0.43	CCMG
BKIE	- 0.4	CCMG
TMSL	- 0.4	CCMG
FNDB	- 0.39	CCMG

Principal Small Constituents Risk-Adjusted Indicators

There is a big difference between Principal Etf performing well and Principal Small 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 Principal Small'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
CCMG	0.56	0.04	(0.03)	(2.80)	0.84	(0.64)	1.19	(2.23)	2.46
TMSL	0.81	0.08	0.01	11.91	0.94	(0.86)	1.79	(1.57)	4.03
FNDB	0.57	0.07	0.00	0.97	0.64	(0.61)	1.24	(1.11)	2.53
APIE	0.69	0.07	0.00	(5.09)	0.85	(0.72)	1.48	(1.17)	3.73
IYE	0.92	0.04	0.00	0.14	1.14	(0.90)	1.85	(1.40)	4.79
RWK	0.79	0.07	0.00	(3.86)	0.88	(0.85)	1.87	(1.44)	4.01
DIVB	0.57	0.05	(0.02)	0.48	0.67	(0.57)	1.06	(1.05)	2.79
CGMM	0.82	0.08	0.01	3.05	1.01	(0.81)	1.81	(1.66)	4.19
BKIE	0.58	0.07	0.01	0.64	0.65	(0.61)	1.16	(1.18)	2.58
JHML	0.59	(0.03)	(0.04)	0.04	0.80	(0.58)	1.20	(1.09)	3.07

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