RBB Fund Correlations

TMFM Etf

USD 33.16 0.12 0.36%

The current 90-days correlation between RBB Fund and BlackRock Future Health is 0.68 (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

Very poor diversification

The correlation between The RBB Fund and DJI is 0.84 (i.e., Very 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.

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

0.98	VOT	Vanguard Mid Cap	Pair Corr
0.99	IWP	iShares Russell Mid	Pair Corr
0.94	ARKK	ARK Innovation ETF	Pair Corr
0.92	IJK	iShares SP Mid	Pair Corr
0.97	JKH	iShares Morningstar Mid	Pair Corr
0.96	KOMP	SPDR Kensho New	Pair Corr
0.92	MDYG	SPDR SP 400	Pair Corr
0.98	IMCG	iShares Morningstar Mid	Pair Corr
0.97	FPX	First Trust Equity	Pair Corr
0.91	IVOG	Vanguard SP Mid	Pair Corr
0.82	NVDL	GraniteShares 15x Long	Pair Corr
0.82	NVDX	T Rex 2X	Pair Corr
0.82	NVDU	Direxion Daily NVDA	Pair Corr
0.9	BITX	Volatility Shares Trust Upward Rally	Pair Corr
0.87	CONL	GraniteShares ETF Trust Upward Rally	Pair Corr
0.96	CRPT	First Trust SkyBridge	Pair Corr
0.71	USD	ProShares Ultra Semi	Pair Corr
0.96	DAPP	VanEck Digital Trans	Pair Corr
0.93	DPST	Direxion Daily Regional	Pair Corr
0.95	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.84	HPQ	HP Inc	Pair Corr
0.9	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.91	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.79	T	ATT Inc Aggressive Push	Pair Corr
0.83	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.72	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.71	HD	Home Depot Sell-off Trend	Pair Corr
0.85	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Moving against RBB Etf

0.89	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.88	KO	Coca Cola Sell-off Trend	Pair Corr
0.83	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.78	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.69	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	BMED	GXTG	AQUI	MSTSX	LBHIX	ABHYX	SCAXF	VIASP	RRTLX	OSHDF
BMED		-0.21	0.0	0.02	-0.16	-0.1	0.66	-0.46	0.08	-0.66	BMED
GXTG	-0.21		0.0	0.88	0.7	0.28	-0.14	0.04	0.68	0.14	GXTG
AQUI	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	AQUI
MSTSX	0.02	0.88	0.0		0.67	0.34	-0.02	-0.08	0.81	0.02	MSTSX
LBHIX	-0.16	0.7	0.0	0.67		0.51	-0.29	0.22	0.69	0.29	LBHIX
ABHYX	-0.1	0.28	0.0	0.34	0.51		-0.05	-0.17	0.41	0.05	ABHYX
SCAXF	0.66	-0.14	0.0	-0.02	-0.29	-0.05		-0.8	-0.07	-1.0	SCAXF
VIASP	-0.46	0.04	0.0	-0.08	0.22	-0.17	-0.8		0.01	0.8	VIASP
RRTLX	0.08	0.68	0.0	0.81	0.69	0.41	-0.07	0.01		0.07	RRTLX
OSHDF	-0.66	0.14	0.0	0.02	0.29	0.05	-1.0	0.8	0.07		OSHDF
	BMED	GXTG	AQUI	MSTSX	LBHIX	ABHYX	SCAXF	VIASP	RRTLX	OSHDF

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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

MSTSX	+ 0.88	GXTG
RRTLX	+ 0.81	MSTSX
OSHDF	+ 0.8	VIASP
LBHIX	+ 0.7	GXTG
RRTLX	+ 0.69	LBHIX
RRTLX	+ 0.68	GXTG

High negative correlations

OSHDF	- 1.0	SCAXF
VIASP	- 0.8	SCAXF
OSHDF	- 0.66	BMED
VIASP	- 0.46	BMED
SCAXF	- 0.29	LBHIX
GXTG	- 0.21	BMED

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
BMED	0.69	(0.12)	0.00	(0.03)	0.00	0.00	1.17	(1.46)	5.44
GXTG	1.12	0.03	(0.02)	0.17	1.33	(1.18)	1.84	(2.23)	6.27
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.49	(0.04)	(0.13)	0.06	0.52	(0.61)	1.21	(1.02)	2.80
LBHIX	0.11	0.01	(0.42)	0.38	0.00	(0.29)	0.24	(0.24)	0.96
ABHYX	0.17	0.00	(0.24)	0.19	0.25	(0.24)	0.34	(0.33)	1.91
SCAXF	0.70	(0.41)	0.00	(0.98)	0.00	0.00	0.00	0.00	23.47
VIASP	0.74	0.07	(0.04)	(2.04)	1.13	(0.80)	2.28	(1.20)	7.18
RRTLX	0.23	0.00	(0.34)	0.13	0.26	(0.26)	0.48	(0.56)	1.36
OSHDF	39.65	22.66	0.00	(0.96)	0.00	0.00	0.00	0.00	1,329

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