RACWI ETF Correlations

Etfs . USA . 
Etf . RACWI ETF
RAUS Etf   26.53  0.40  1.49%   
The current 90-days correlation between RACWI ETF and WisdomTree New Economy is -0.02 (i.e., Good diversification). The correlation of RACWI ETF 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.

RACWI ETF Correlation With Market

Almost no diversification

The correlation between RACWI ETF and DJI is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RACWI ETF and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with RACWI Etf
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RACWI ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy RACWI Etf please use our How to Invest in RACWI ETF guide.

Moving together with RACWI Etf

  0.99VTI Vanguard Total StockPairCorr
  0.99SPY SPDR SP 500PairCorr
  0.99IVV iShares Core SPPairCorr
  0.92VIG Vanguard DividendPairCorr
  0.98VV Vanguard Large CapPairCorr
  0.91RSP Invesco SP 500PairCorr
  0.99IWB iShares Russell 1000PairCorr
  0.97ESGU iShares ESG AwarePairCorr
  0.96DFAC Dimensional Core EquityPairCorr
  0.72SPLG SSgA Symbol ChangePairCorr
  0.73OIH VanEck Oil ServicesPairCorr
  0.88WTMF WisdomTree ManagedPairCorr
  0.9EWC iShares MSCI CanadaPairCorr
  0.99TOT Advisor Managed PortPairCorr
  0.86BST BlackRock Science TechPairCorr
  0.72RDIV Invesco SP UltraPairCorr
  0.89AHYB American Century ETFPairCorr
  0.64JNJ Johnson JohnsonPairCorr
  0.79DD Dupont De NemoursPairCorr
  0.74MRK Merck Company Sell-off TrendPairCorr
  0.7INTC IntelPairCorr
  0.63XOM Exxon Mobil Corp Aggressive PushPairCorr
  0.61HD Home Depot Sell-off TrendPairCorr

Moving against RACWI Etf

  0.59HPQ HP IncPairCorr
  0.49MSFT MicrosoftPairCorr

Related Correlations Analysis


RACWI ETF Constituents Risk-Adjusted Indicators

There is a big difference between RACWI Etf performing well and RACWI ETF 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 RACWI ETF'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
LCDS  0.56 (0.01)(0.04) 0.08  0.72 
(0.53)
 1.19 
(1.12)
 3.74 
OCTZ  0.45 (0.03)(0.09) 0.05  0.59 
(0.44)
 0.92 
(0.98)
 2.98 
SDTY  0.52 (0.02)(0.06) 0.06  0.71 
(0.50)
 1.26 
(1.24)
 3.43 
PSFO  0.32  0.00 (0.11) 0.08  0.38 
(0.33)
 0.74 
(0.81)
 2.23 
DUKQ  0.58 (0.01)(0.03) 0.08  0.68 
(0.62)
 1.36 
(1.27)
 3.23 
WFH  0.99  0.14  0.01 (0.30) 1.27 
(1.05)
 1.83 
(2.47)
 6.54 
XTOC  0.40  0.00 (0.07) 0.09  0.47 
(0.40)
 0.93 
(0.98)
 2.97 
RJMG  0.72  0.07 (0.02)(1.14) 0.84 
(0.80)
 1.53 
(1.63)
 4.16 
DTRE  0.56  0.07 (0.04)(0.55) 0.70 
(0.57)
 1.17 
(1.14)
 3.27 
WTRE  1.10  0.03 (0.04) 1.10  1.53 
(1.02)
 2.24 
(2.19)
 5.43 

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY