Touchstone ETF Correlations

TUSI Etf

USD 25.39 0.00 0.00%

The current 90-days correlation between Touchstone ETF Trust and VanEck Vectors Moodys is 0.3 (i.e., Weak diversification). The correlation of Touchstone 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.

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

Moving together with Touchstone Etf

0.99	BIL	SPDR Bloomberg 1	Pair Corr
0.99	SHV	iShares Short Treasury	Pair Corr
0.99	JPST	JPMorgan Ultra Short	Pair Corr
0.99	USFR	WisdomTree Floating Rate	Pair Corr
0.99	ICSH	iShares Ultra Short	Pair Corr
0.99	FTSM	First Trust Enhanced	Pair Corr
0.99	SGOV	iShares 0 3	Pair Corr
0.99	GBIL	Goldman Sachs Access	Pair Corr
0.99	TFLO	iShares Treasury Floating	Pair Corr
0.98	FLRN	SPDR Bloomberg Investment	Pair Corr
0.77	VUG	Vanguard Growth Index	Pair Corr
0.81	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.82	AXP	American Express Earnings Call This Week	Pair Corr
0.73	BA	Boeing Earnings Call Next Week	Pair Corr
0.69	DIS	Walt Disney	Pair Corr
0.84	WMT	Walmart	Pair Corr

Moving against Touchstone Etf

0.75	VEA	Vanguard FTSE Developed	Pair Corr
0.52	BND	Vanguard Total Bond	Pair Corr
0.46	VTV	Vanguard Value Index	Pair Corr
0.81	HPQ	HP Inc	Pair Corr
0.76	KO	Coca Cola Sell-off Trend	Pair Corr
0.7	INTC	Intel Earnings Call This Week	Pair Corr
0.63	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr
0.61	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.57	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.54	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.32	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.73	-0.57	-0.59	0.32	0.57	0.53	0.34	-0.06	-0.67	META
MSFT	0.73		-0.53	-0.24	0.56	0.23	0.65	0.25	-0.1	-0.47	MSFT
UBER	-0.57	-0.53		0.64	-0.58	-0.08	-0.78	-0.56	0.67	0.81	UBER
F	-0.59	-0.24	0.64		0.01	-0.25	-0.2	-0.07	0.2	0.9	F
T	0.32	0.56	-0.58	0.01		0.0	0.8	0.59	-0.45	-0.23	T
A	0.57	0.23	-0.08	-0.25	0.0		0.12	0.22	0.32	-0.19	A
CRM	0.53	0.65	-0.78	-0.2	0.8	0.12		0.7	-0.59	-0.44	CRM
JPM	0.34	0.25	-0.56	-0.07	0.59	0.22	0.7		-0.62	-0.25	JPM
MRK	-0.06	-0.1	0.67	0.2	-0.45	0.32	-0.59	-0.62		0.32	MRK
XOM	-0.67	-0.47	0.81	0.9	-0.23	-0.19	-0.44	-0.25	0.32		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

XOM	+ 0.9	F
XOM	+ 0.81	UBER
CRM	+ 0.8	T
MSFT	+ 0.73	META
JPM	+ 0.7	CRM
MRK	+ 0.67	UBER

High negative correlations

CRM	- 0.78	UBER
XOM	- 0.67	META
MRK	- 0.62	JPM
MRK	- 0.59	CRM
F	- 0.59	META
T	- 0.58	UBER

Touchstone ETF Competition Risk-Adjusted Indicators

There is a big difference between Touchstone Etf performing well and Touchstone 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 Touchstone 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
META	1.36	0.06	0.03	0.21	1.51	(1.56)	3.43	(3.15)	7.43
MSFT	0.92	0.04	0.01	1.07	1.58	(0.87)	2.09	(1.73)	8.14
UBER	1.63	(0.33)	0.00	(26.89)	0.00	0.00	2.67	(5.35)	12.29
F	1.38	(0.08)	0.00	(0.17)	0.00	0.00	2.38	(2.81)	11.21
T	0.97	0.08	0.06	0.24	1.10	(1.04)	1.91	(1.84)	7.96
A	1.21	0.03	0.01	0.09	1.45	(1.33)	2.72	(2.42)	8.06
CRM	1.41	0.17	0.10	0.79	1.45	(1.59)	3.16	(2.88)	14.80
JPM	1.03	0.25	0.17	1.11	1.11	(1.17)	1.92	(1.42)	15.87
MRK	1.00	(0.17)	0.00	(0.68)	0.00	0.00	1.74	(2.17)	5.17
XOM	0.76	(0.15)	0.00	(0.37)	0.00	0.00	1.71	(1.67)	6.06

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Touchstone ETF Correlations

Moving together with Touchstone Etf

Moving against Touchstone Etf

Related Correlations Analysis

Correlation Matchups

Touchstone ETF Competition Risk-Adjusted Indicators

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