IQ Real Correlations
| ROOFDelisted Etf | USD 20.75 0.05 0.24% |
The current 90-days correlation between IQ Real Estate and Invesco Active Real is -0.02 (i.e., Good diversification). The correlation of IQ Real 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.
IQ Real Correlation With Market
Significant diversification
The correlation between IQ Real Estate and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding IQ Real Estate and DJI in the same portfolio, assuming nothing else is changed.
ROOF |
Moving together with ROOF Etf
| 0.75 | VNQ | Vanguard Real Estate | PairCorr |
| 0.76 | XLRE | Real Estate | PairCorr |
| 0.79 | IYR | iShares Real Estate | PairCorr |
| 0.79 | ICF | iShares Cohen Steers | PairCorr |
| 0.87 | IRET | Tidal Trust II | PairCorr |
| 0.92 | GREI | Goldman Sachs Future | PairCorr |
| 0.63 | BITI | ProShares Trust | PairCorr |
| 0.72 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.69 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.76 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against ROOF Etf
| 0.75 | MORE | MORE | PairCorr |
| 0.71 | RTL | Pacer Financial | PairCorr |
| 0.49 | SPAQ | Horizon Kinetics SPAC | PairCorr |
| 0.45 | BUFF | Innovator Laddered | PairCorr |
| 0.44 | HHH | Howard Hughes | PairCorr |
| 0.44 | PULS | PGIM Ultra Short | PairCorr |
| 0.4 | SITC | Site Centers Corp | PairCorr |
| 0.79 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.71 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.55 | DIS | Walt Disney | PairCorr |
| 0.54 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.53 | HPQ | HP Inc | PairCorr |
| 0.47 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.42 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.4 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.4 | WMT | Walmart Aggressive Push | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
IQ Real Constituents Risk-Adjusted Indicators
There is a big difference between ROOF Etf performing well and IQ Real 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 IQ Real'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PSR | 0.69 | 0.04 | (0.07) | 0.44 | 0.75 | 1.21 | 3.97 | |||
| FRI | 0.65 | 0.03 | (0.10) | 1.13 | 0.75 | 1.33 | 3.43 | |||
| KBWY | 0.64 | (0.03) | (0.11) | 0.04 | 0.90 | 1.16 | 4.85 | |||
| MORT | 0.72 | (0.05) | (0.10) | 0.01 | 1.06 | 1.30 | 4.24 | |||
| REZ | 0.75 | 0.02 | (0.09) | 0.26 | 0.89 | 1.64 | 3.95 |
Still Interested in IQ Real Estate?
Investing in delisted delisted etfs can be risky, as the etf is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.