RBB Fund Correlations

TMFM Etf

USD 23.44 0.34 1.43%

The current 90-days correlation between RBB Fund and Ballast SmallMid Cap is 0.75 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RBB Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The RBB Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

RBB Fund Correlation With Market

Poor diversification

The correlation between The RBB Fund and DJI is 0.72 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The RBB Fund and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with RBB Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The RBB Fund. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with RBB Etf

0.9	VOT	Vanguard Mid Cap	Pair Corr
0.91	IWP	iShares Russell Mid	Pair Corr
0.83	ARKK	ARK Innovation ETF	Pair Corr
0.77	JKH	iShares Morningstar Mid	Pair Corr
0.75	KOMP	SPDR Kensho New	Pair Corr
0.78	ARKW	ARK Next Generation	Pair Corr
0.89	IMCG	iShares Morningstar Mid	Pair Corr
0.61	ARKQ	ARK Autonomous Technology	Pair Corr
0.74	VO	Vanguard Mid Cap	Pair Corr
0.69	DVXB	WEBs Defined Volatility	Pair Corr

Moving against RBB Etf

0.49	FROG	Jfrog	Pair Corr
0.67	PHT	PHT	Pair Corr
0.46	FSST	Fidelity Sustainability	Pair Corr
0.38	ZJAN	Innovator Equity Defined	Pair Corr
0.31	SLX	VanEck Steel ETF	Pair Corr

Related Correlations Analysis

	MGMT	HKND	ESN	LSAF	KJUL	IBUY	GDMA	AESR	DEUS	WTMF
MGMT		0.22	0.8	0.92	0.91	0.77	0.54	0.56	0.88	0.65	MGMT
HKND	0.22		0.3	0.45	0.38	-0.17	0.04	0.13	0.41	0.61	HKND
ESN	0.8	0.3		0.83	0.82	0.76	0.73	0.53	0.84	0.7	ESN
LSAF	0.92	0.45	0.83		0.91	0.7	0.58	0.54	0.96	0.75	LSAF
KJUL	0.91	0.38	0.82	0.91		0.6	0.6	0.56	0.86	0.87	KJUL
IBUY	0.77	-0.17	0.76	0.7	0.6		0.62	0.48	0.69	0.26	IBUY
GDMA	0.54	0.04	0.73	0.58	0.6	0.62		0.46	0.57	0.54	GDMA
AESR	0.56	0.13	0.53	0.54	0.56	0.48	0.46		0.49	0.45	AESR
DEUS	0.88	0.41	0.84	0.96	0.86	0.69	0.57	0.49		0.69	DEUS
WTMF	0.65	0.61	0.7	0.75	0.87	0.26	0.54	0.45	0.69		WTMF
	MGMT	HKND	ESN	LSAF	KJUL	IBUY	GDMA	AESR	DEUS	WTMF

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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

DEUS	+ 0.96	LSAF
LSAF	+ 0.92	MGMT
KJUL	+ 0.91	MGMT
KJUL	+ 0.91	LSAF
DEUS	+ 0.88	MGMT
WTMF	+ 0.87	KJUL

High negative correlations

IBUY

- 0.17

HKND

RBB Fund Constituents Risk-Adjusted Indicators

There is a big difference between RBB Etf performing well and RBB Fund 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 RBB Fund'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
MGMT	0.81	(0.05)	(0.03)	0.02	1.03	(0.84)	1.93	(1.72)	4.25
HKND	0.44	0.05	(0.02)	(0.92)	0.39	(0.78)	1.17	(0.89)	3.82
ESN	0.50	(0.02)	(0.05)	0.03	0.63	(0.51)	0.94	(1.11)	2.23
LSAF	0.69	(0.03)	(0.03)	0.03	0.86	(0.71)	1.54	(1.45)	3.81
KJUL	0.38	0.00	(0.05)	0.06	0.47	(0.38)	0.91	(0.92)	2.52
IBUY	1.04	(0.12)	0.00	(0.02)	0.00	0.00	2.21	(2.48)	5.69
GDMA	0.62	(0.02)	(0.03)	0.04	1.00	(0.61)	1.31	(1.33)	4.99
AESR	1.40	(0.04)	0.01	0.04	3.72	(1.39)	1.93	(2.36)	42.89
DEUS	0.50	(0.03)	(0.06)	0.03	0.65	(0.50)	1.06	(1.04)	2.47
WTMF	0.39	0.03	0.01	0.13	0.40	(0.42)	0.83	(0.88)	2.41

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