Raiffeisen ETF Correlations

RGLDS Etf

USD 15,366 408.00 2.73%

The current 90-days correlation between Raiffeisen ETF Solid and UBS ETF plc is 0.04 (i.e., Significant diversification). The correlation of Raiffeisen 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.

Raiffeisen ETF Correlation With Market

Poor diversification

The correlation between Raiffeisen ETF Solid and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Raiffeisen ETF Solid and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Raiffeisen ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Raiffeisen ETF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Raiffeisen ETF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Raiffeisen ETF Solid to buy it.

Moving together with Raiffeisen Etf

1.0	ZGLDUS	ZKB Gold ETF	Pair Corr
0.96	ZGLDEU	ZKB Gold ETF	Pair Corr
0.94	ZSILEU	ZKB Silver ETF	Pair Corr
0.95	AUUSI	UBS ETF Gold	Pair Corr
0.96	AUCHAH	UBS ETF Gold	Pair Corr
0.89	ZSIL	ZKB Silver ETF	Pair Corr
0.9	ZSILHC	ZKB Silver ETF	Pair Corr
0.91	ZSILUS	ZKB Silver ETF	Pair Corr
0.91	ZSILHE	ZKB Silver ETF	Pair Corr
0.94	SVUSA	UBS ETF Silver	Pair Corr
0.87	GGMUSY	UBS ETF plc	Pair Corr
0.88	GDXJ	VanEck Junior Gold	Pair Corr
0.89	AUCO	LG Gold Mining	Pair Corr
0.93	MAGB	Market Access NYSE	Pair Corr
0.93	XMEX	Xtrackers MSCI Mexico	Pair Corr
0.76	CSNKY	iShares VII PLC	Pair Corr
0.87	XEOU	Xtrackers MSCI Europe	Pair Corr

Moving against Raiffeisen Etf

0.79

XRPL

CoinShares Physical XRP

Pair Corr

Related Correlations Analysis

	IU0A	IFFF	LYLEM	IGIL	INAA	LYHLTW	ISWD	CSINDU	WSCSRI
IU0A		0.75	0.78	0.84	0.75	0.83	0.82	0.89	0.91	IU0A
IFFF	0.75		0.99	0.82	0.75	0.5	0.87	0.76	0.83	IFFF
LYLEM	0.78	0.99		0.86	0.75	0.55	0.9	0.79	0.87	LYLEM
IGIL	0.84	0.82	0.86		0.79	0.66	0.91	0.81	0.9	IGIL
INAA	0.75	0.75	0.75	0.79		0.62	0.89	0.86	0.84	INAA
LYHLTW	0.83	0.5	0.55	0.66	0.62		0.63	0.79	0.81	LYHLTW
ISWD	0.82	0.87	0.9	0.91	0.89	0.63		0.89	0.94	ISWD
CSINDU	0.89	0.76	0.79	0.81	0.86	0.79	0.89		0.94	CSINDU
WSCSRI	0.91	0.83	0.87	0.9	0.84	0.81	0.94	0.94		WSCSRI
	IU0A	IFFF	LYLEM	IGIL	INAA	LYHLTW	ISWD	CSINDU	WSCSRI

Raiffeisen ETF Constituents Risk-Adjusted Indicators

There is a big difference between Raiffeisen Etf performing well and Raiffeisen 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 Raiffeisen 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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
IU0A	0.13	0.01	(0.35)	0.88	0.00	(0.21)	0.35	(0.18)	0.71
IFFF	0.84	0.12	0.03	0.67	1.21	(0.96)	1.89	(1.66)	7.67
LYLEM	0.66	0.12	0.06	1.04	0.60	(0.78)	1.55	(1.18)	5.44
IGIL	0.22	0.03	(0.24)	(0.25)	0.21	(0.23)	0.53	(0.43)	1.35
INAA	0.48	0.00	(0.08)	0.12	0.75	(0.54)	0.98	(1.22)	4.33
LYHLTW	0.59	0.12	0.09	0.48	0.25	(0.95)	1.45	(1.02)	6.12
ISWD	0.70	0.06	(0.02)	(4.01)	1.15	(0.62)	1.24	(1.90)	5.63
CSINDU	0.43	0.07	(0.02)	0.88	0.35	(0.59)	1.20	(0.74)	2.64
WSCSRI	0.63	0.11	0.05	0.43	0.69	(0.69)	1.49	(1.13)	4.51

Be your own money manager

Our tools can tell you how much better you can do entering a position in Raiffeisen ETF without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run FinTech Suite Now

FinTech Suite

Use AI to screen and filter profitable investment opportunities

All Next

Launch Module

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