VictoryShares USAA Correlations

USTB Etf

USD 50.99 0.04 0.08%

The current 90-days correlation between VictoryShares USAA Core and SPDR Morgan Stanley is -0.03 (i.e., Good diversification). The correlation of VictoryShares USAA 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.

VictoryShares USAA Correlation With Market

Very poor diversification

The correlation between VictoryShares USAA Core and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VictoryShares USAA Core and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with VictoryShares Etf

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

Moving together with VictoryShares Etf

0.96	BSV	Vanguard Short Term	Pair Corr
0.99	IGSB	iShares 1 5	Pair Corr
1.0	SPSB	SPDR Barclays Short	Pair Corr
0.98	ISTB	iShares Core 1	Pair Corr
0.99	SLQD	iShares 0 5	Pair Corr
0.88	GVI	iShares Intermediate	Pair Corr
0.99	LDUR	PIMCO Enhanced Low	Pair Corr
0.99	SUSB	iShares ESG 1	Pair Corr
0.72	VTI	Vanguard Total Stock	Pair Corr
0.89	FB	ProShares Trust ProShares	Pair Corr
0.77	VBK	Vanguard Small Cap	Pair Corr
0.89	EEM	iShares MSCI Emerging Aggressive Push	Pair Corr
0.84	FNGD	MicroSectors FANG Index	Pair Corr
0.99	JPST	JPMorgan Ultra Short	Pair Corr
0.93	DUKH	Ocean Park High	Pair Corr
0.93	UMAY	Innovator ETFs Trust	Pair Corr
0.86	QLV	FlexShares Quality Low	Pair Corr
0.94	EURL	Direxion Daily FTSE	Pair Corr
0.92	BMVP	Invesco Bloomberg MVP	Pair Corr
0.98	BSMS	Invesco BulletShares 2028	Pair Corr
0.87	XAUG	FT Cboe Vest	Pair Corr
0.96	JEPI	JPMorgan Equity Premium	Pair Corr
0.69	GPT	Intelligent Alpha Atlas Symbol Change	Pair Corr
0.94	CCNR	CoreCommodity Natural	Pair Corr
0.91	PFFA	Virtus InfraCap Preferred	Pair Corr
0.91	CHPS	Xtrackers Semiconductor	Pair Corr
0.86	PSFD	Pacer Swan SOS	Pair Corr
0.93	UDI	USCF ETF Trust	Pair Corr
0.94	REGL	ProShares SP MidCap	Pair Corr
0.88	PFF	iShares Preferred	Pair Corr
0.91	FPXE	First Trust IPOX	Pair Corr
0.87	WDNA	WisdomTree BioRevolution	Pair Corr
0.96	WLDR	Affinity World Leaders	Pair Corr
0.9	SCDV	ETF Series Solutions	Pair Corr

Moving against VictoryShares Etf

0.95	NFLX	Netflix	Pair Corr
0.68	GBTC	Grayscale Bitcoin Trust	Pair Corr

Related Correlations Analysis

	UBND	RAVI	BWX	IGEB	CORP	FSIG	HYS	TAGG	YEAR	XNTK
UBND		0.85	0.62	0.96	0.97	0.91	0.8	0.97	0.88	0.04	UBND
RAVI	0.85		0.63	0.82	0.79	0.97	0.91	0.79	0.99	0.12	RAVI
BWX	0.62	0.63		0.6	0.63	0.6	0.43	0.64	0.62	0.02	BWX
IGEB	0.96	0.82	0.6		0.99	0.89	0.81	0.94	0.85	0.13	IGEB
CORP	0.97	0.79	0.63	0.99		0.86	0.74	0.96	0.82	0.05	CORP
FSIG	0.91	0.97	0.6	0.89	0.86		0.93	0.85	0.98	0.16	FSIG
HYS	0.8	0.91	0.43	0.81	0.74	0.93		0.7	0.91	0.44	HYS
TAGG	0.97	0.79	0.64	0.94	0.96	0.85	0.7		0.82	-0.06	TAGG
YEAR	0.88	0.99	0.62	0.85	0.82	0.98	0.91	0.82		0.11	YEAR
XNTK	0.04	0.12	0.02	0.13	0.05	0.16	0.44	-0.06	0.11		XNTK
	UBND	RAVI	BWX	IGEB	CORP	FSIG	HYS	TAGG	YEAR	XNTK

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

YEAR	+ 0.99	RAVI
CORP	+ 0.99	IGEB
YEAR	+ 0.98	FSIG
CORP	+ 0.97	UBND
TAGG	+ 0.97	UBND
FSIG	+ 0.97	RAVI

High negative correlations

XNTK

- 0.06

TAGG

VictoryShares USAA Constituents Risk-Adjusted Indicators

There is a big difference between VictoryShares Etf performing well and VictoryShares USAA 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 VictoryShares USAA'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
UBND	0.13	0.02	(0.24)	0.30	0.00	(0.18)	0.27	(0.23)	0.73
RAVI	0.02	0.01	(2.29)	(1.20)	0.00	(0.03)	0.05	(0.03)	0.08
BWX	0.28	0.02	(0.10)	0.44	0.24	(0.31)	0.66	(0.49)	1.66
IGEB	0.15	0.01	(0.22)	0.25	0.00	(0.18)	0.33	(0.33)	0.75
CORP	0.16	0.01	(0.21)	0.24	0.03	(0.18)	0.37	(0.36)	0.86
FSIG	0.07	0.01	(0.47)	0.67	0.00	(0.09)	0.16	(0.16)	0.42
HYS	0.12	0.01	(0.36)	0.14	0.00	(0.13)	0.27	(0.20)	0.57
TAGG	0.15	0.01	(0.22)	0.30	0.00	(0.16)	0.33	(0.28)	0.84
YEAR	0.03	0.01	(1.43)	2.99	0.00	(0.04)	0.08	(0.04)	0.16
XNTK	1.15	(0.17)	0.00	(0.10)	0.00	0.00	2.15	(2.83)	7.30

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