GraniteShares YieldBoost Correlations

RGYY Etf

18.44 0.92 4.75%

The current 90-days correlation between GraniteShares YieldBoost and YieldMax Short NVDA is 0.04 (i.e., Significant diversification). The correlation of GraniteShares YieldBoost 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.

GraniteShares YieldBoost Correlation With Market

Weak diversification

The correlation between GraniteShares YieldBoost RGTI 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 GraniteShares YieldBoost RGTI and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with GraniteShares Etf

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

Moving together with GraniteShares Etf

0.61

MPAY

Exchange Traded Concepts

Pair Corr

Moving against GraniteShares Etf

0.7	XLF	Financial Select Sector	Pair Corr
0.64	NUSI	NEOS ETF Trust Symbol Change	Pair Corr
0.62	MKTN	Federated Hermes ETF	Pair Corr
0.57	BUYW	Main Buywrite ETF	Pair Corr
0.57	FIVA	Fidelity International	Pair Corr
0.56	XYLD	Global X SP	Pair Corr
0.56	CPST	Calamos ETF Trust	Pair Corr
0.53	FUSI	American Century ETF	Pair Corr
0.49	FENI	Fidelity Covington Trust	Pair Corr
0.49	GQI	Natixis ETF Trust	Pair Corr
0.48	NVMZ	TrueShares Structured	Pair Corr
0.46	JEPI	JPMorgan Equity Premium	Pair Corr
0.44	IDME	International Drawdown	Pair Corr
0.43	JEPQ	JPMorgan Nasdaq Equity	Pair Corr
0.42	VT	Vanguard Total World	Pair Corr
0.41	RYLD	Global X Russell	Pair Corr
0.39	VV	Vanguard Large Cap	Pair Corr
0.38	KNG	FT Cboe Vest	Pair Corr
0.38	ITDD	iShares Trust	Pair Corr
0.36	HDUS	Lattice Strategies Trust	Pair Corr
0.61	VGSH	Vanguard Short Term	Pair Corr
0.59	GAPR	First Trust Exchange	Pair Corr
0.58	JPIE	JP Morgan Exchange Sell-off Trend	Pair Corr
0.55	SGVT	Schwab Strategic Trust	Pair Corr
0.52	STOT	SPDR DoubleLine Short	Pair Corr
0.5	HYLB	Xtrackers USD High Sell-off Trend	Pair Corr
0.5	SKOR	FlexShares Credit	Pair Corr
0.5	SLV	iShares Silver Trust Aggressive Push	Pair Corr
0.5	SPUT	Innovator ETFs Trust	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.61	0.31	-0.37	0.24	-0.18	0.47	-0.15	-0.35	-0.43	META
MSFT	0.61		0.8	-0.54	0.5	0.13	0.2	-0.4	-0.84	-0.72	MSFT
UBER	0.31	0.8		-0.47	0.43	0.37	-0.09	-0.47	-0.81	-0.53	UBER
F	-0.37	-0.54	-0.47		-0.69	0.03	0.21	0.66	0.7	0.69	F
T	0.24	0.5	0.43	-0.69		0.4	-0.36	-0.55	-0.51	-0.65	T
A	-0.18	0.13	0.37	0.03	0.4		-0.44	-0.25	-0.13	-0.19	A
CRM	0.47	0.2	-0.09	0.21	-0.36	-0.44		0.52	0.05	-0.09	CRM
JPM	-0.15	-0.4	-0.47	0.66	-0.55	-0.25	0.52		0.6	0.44	JPM
MRK	-0.35	-0.84	-0.81	0.7	-0.51	-0.13	0.05	0.6		0.78	MRK
XOM	-0.43	-0.72	-0.53	0.69	-0.65	-0.19	-0.09	0.44	0.78		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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

UBER	+ 0.8	MSFT
XOM	+ 0.78	MRK
MRK	+ 0.7	F
XOM	+ 0.69	F
JPM	+ 0.66	F
MSFT	+ 0.61	META

High negative correlations

MRK	- 0.84	MSFT
MRK	- 0.81	UBER
XOM	- 0.72	MSFT
T	- 0.69	F
XOM	- 0.65	T
JPM	- 0.55	T

GraniteShares YieldBoost Competition Risk-Adjusted Indicators

There is a big difference between GraniteShares Etf performing well and GraniteShares YieldBoost 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 GraniteShares YieldBoost'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
META	1.34	(0.31)	0.00	(0.25)	0.00	0.00	2.30	(2.67)	13.46
MSFT	0.96	(0.21)	0.00	(0.41)	0.00	0.00	1.65	(2.50)	4.90
UBER	1.47	(0.23)	0.00	(0.20)	0.00	0.00	2.60	(3.82)	10.23
F	1.44	0.12	0.10	0.15	1.33	(1.75)	3.38	(2.35)	16.30
T	0.89	(0.17)	0.00	(0.46)	0.00	0.00	1.53	(1.85)	4.30
A	1.16	(0.12)	0.00	(0.03)	0.00	0.00	2.34	(2.24)	7.85
CRM	1.59	(0.16)	0.00	(0.08)	0.00	0.00	3.66	(3.10)	12.37
JPM	1.16	(0.10)	(0.04)	0.00	1.73	(1.13)	2.00	(3.11)	7.38
MRK	1.22	0.37	0.27	0.53	1.01	(1.52)	3.59	(1.98)	8.09
XOM	1.06	0.24	0.15	4.24	0.98	(1.21)	2.37	(1.51)	5.82

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