IShares MSCI Correlations

EEM Etf

USD 54.89 0.68 1.22%

The current 90-days correlation between iShares MSCI Emerging and iShares Select Dividend is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares MSCI Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

IShares MSCI Correlation With Market

Good diversification

The correlation between iShares MSCI Emerging and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares MSCI Emerging and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with IShares Etf

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares MSCI Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in world development indicators.

Moving together with IShares Etf

0.95	VWO	Vanguard FTSE Emerging Sell-off Trend	Pair Corr
0.97	IEMG	iShares Core MSCI	Pair Corr
0.85	EMC	Global X Funds	Pair Corr
0.95	SPEM	SPDR Portfolio Emerging Sell-off Trend	Pair Corr
0.93	FNDE	Schwab Fundamental	Pair Corr
1.0	ESGE	iShares ESG Aware	Pair Corr
0.96	SFGRX	Seafarer Overseas	Pair Corr
1.0	XSOE	WisdomTree Emerging	Pair Corr
0.89	LENS	Sarmaya Thematic ETF	Pair Corr
0.96	MAPP	Harbor ETF Trust	Pair Corr
0.83	ASA	ASA Gold	Pair Corr
0.71	WNTR	YieldMax MSTR Short	Pair Corr
0.69	DRGN	Themes China Generative	Pair Corr
0.86	JUNE	JUNE Symbol Change	Pair Corr
0.95	YFYA	Listed Funds Trust	Pair Corr
0.91	CAT	Caterpillar	Pair Corr
0.95	IBM	International Business	Pair Corr
0.82	AXP	American Express	Pair Corr
0.65	DD	Dupont De Nemours	Pair Corr
0.92	INTC	Intel	Pair Corr
0.7	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.78	JNJ	Johnson Johnson	Pair Corr
0.69	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.94	GE	GE Aerospace	Pair Corr

Moving against IShares Etf

0.78	FIEE	FiEE, Inc Symbol Change	Pair Corr
0.53	SWIN	Alps Symbol Change	Pair Corr
0.81	T	ATT Inc Aggressive Push	Pair Corr
0.8	VZ	Verizon Communications Aggressive Push	Pair Corr
0.73	PG	Procter Gamble	Pair Corr
0.63	HD	Home Depot Earnings Call This Week	Pair Corr

Related Correlations Analysis

	EWJ	IWP	IDEV	ACWI	USMV	FNDX	MTUM	VEXPX	DVY	IYW
EWJ		0.08	0.88	0.9	0.09	0.84	0.6	0.71	0.34	0.86	EWJ
IWP	0.08		0.28	0.2	0.48	0.29	0.56	0.59	0.59	0.11	IWP
IDEV	0.88	0.28		0.94	0.45	0.92	0.76	0.83	0.64	0.87	IDEV
ACWI	0.9	0.2	0.94		0.28	0.97	0.79	0.84	0.53	0.98	ACWI
USMV	0.09	0.48	0.45	0.28		0.39	0.43	0.39	0.79	0.18	USMV
FNDX	0.84	0.29	0.92	0.97	0.39		0.78	0.9	0.69	0.91	FNDX
MTUM	0.6	0.56	0.76	0.79	0.43	0.78		0.76	0.56	0.77	MTUM
VEXPX	0.71	0.59	0.83	0.84	0.39	0.9	0.76		0.74	0.76	VEXPX
DVY	0.34	0.59	0.64	0.53	0.79	0.69	0.56	0.74		0.4	DVY
IYW	0.86	0.11	0.87	0.98	0.18	0.91	0.77	0.76	0.4		IYW
	EWJ	IWP	IDEV	ACWI	USMV	FNDX	MTUM	VEXPX	DVY	IYW

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IShares MSCI Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares MSCI 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 IShares MSCI'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
EWJ	0.71	(0.02)	(0.03)	0.10	0.85	(0.80)	1.82	(1.21)	6.16
IWP	0.72	(0.13)	(0.13)	0.00	0.92	(0.77)	1.23	(1.29)	4.57
IDEV	0.50	(0.01)	(0.06)	0.10	0.53	(0.51)	0.92	(0.88)	3.37
ACWI	0.47	(0.01)	(0.03)	0.11	0.61	(0.47)	1.05	(0.87)	4.26
USMV	0.38	(0.04)	(0.16)	0.05	0.50	(0.37)	0.80	(0.91)	2.51
FNDX	0.42	0.00	(0.03)	0.12	0.40	(0.48)	1.07	(0.64)	3.95
MTUM	0.59	(0.06)	(0.12)	0.03	0.73	(0.66)	1.00	(1.29)	4.76
VEXPX	0.75	(0.07)	(0.04)	0.06	0.83	(0.75)	1.74	(1.29)	5.99
DVY	0.52	(0.04)	(0.10)	0.07	0.49	(0.62)	1.04	(0.79)	3.93
IYW	0.87	0.01	0.02	0.13	1.10	(0.91)	1.66	(1.90)	5.55

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