Freedom 100 Correlations

Etfs . USA . 
Etf . Freedom 100 Emerging
FRDM Etf  USD 40.59  0.28  0.69%   
The current 90-days correlation between Freedom 100 Emerging and Vanguard FTSE Emerging is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freedom 100 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freedom 100 Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
  
Build AI portfolio with Freedom Etf
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom 100 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 unemployment.

Moving together with Freedom Etf

  0.98VWO Vanguard FTSE Emerging Sell-off TrendPairCorr
  0.98IEMG iShares Core MSCI Aggressive PushPairCorr
  0.97EMC Global X FundsPairCorr
  0.98EEM iShares MSCI Emerging Aggressive PushPairCorr
  0.97SPEM SPDR Portfolio EmergingPairCorr
  0.98FNDE Schwab FundamentalPairCorr
  0.98ESGE iShares ESG AwarePairCorr
  0.99SFGRX Seafarer OverseasPairCorr
  0.98DGS WisdomTree EmergingPairCorr
  0.98XSOE WisdomTree EmergingPairCorr
  0.9GBTC Grayscale Bitcoin TrustPairCorr
  0.96USD ProShares Ultra SemiPairCorr
  0.97TECL Direxion Daily TechnologyPairCorr
  0.98ROM ProShares Ultra TechPairCorr
  0.98QLD ProShares Ultra QQQPairCorr
  0.98SMH VanEck Semiconductor ETFPairCorr
  0.97SOXX iShares Semiconductor ETFPairCorr
  0.98SPXL Direxion Daily SP500PairCorr
  0.98UPRO ProShares UltraPro SP500PairCorr
  0.96AXP American ExpressPairCorr
  0.92BA BoeingPairCorr
  0.93GE GE Aerospace Earnings Call This WeekPairCorr
  0.97MSFT MicrosoftPairCorr
  0.96DIS Walt DisneyPairCorr
  0.9AA Alcoa CorpPairCorr
  0.82CVX Chevron CorpPairCorr
  0.88DD Dupont De NemoursPairCorr
  0.62XOM Exxon Mobil CorpPairCorr
  0.97JPM JPMorgan ChasePairCorr
  0.93IBM International Business Earnings Call This WeekPairCorr
  0.96CAT CaterpillarPairCorr

Moving against Freedom Etf

  0.38VZ Verizon Communications Earnings Call This WeekPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Freedom 100 Constituents Risk-Adjusted Indicators

There is a big difference between Freedom Etf performing well and Freedom 100 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 Freedom 100'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
VWO  0.56  0.17  0.13  0.51  0.35 
(0.64)
 1.57 
(1.18)
 4.17 
IEMG  0.58  0.19  0.16  0.55  0.33 
(0.67)
 1.50 
(1.28)
 4.51 
EMC  0.66  0.15  0.13  0.40  0.40 
(0.78)
 2.20 
(1.30)
 4.76 
EEM  0.57  0.18  0.15  0.53  0.33 
(0.71)
 1.49 
(1.23)
 4.44 
SPEM  0.57  0.15  0.10  0.44  0.43 
(0.68)
 1.70 
(1.20)
 4.16 
FNDE  0.55  0.15  0.12  0.48  0.35 
(0.68)
 1.58 
(1.10)
 3.92 
ESGE  0.59  0.20  0.17  0.55  0.37 
(0.70)
 1.57 
(1.36)
 4.61 
SFGRX  0.41  0.24  0.14 (9.21) 0.00 
(0.51)
 1.12 
(0.69)
 3.24 
DGS  0.56  0.22  0.19  0.68  0.32 
(0.66)
 1.27 
(1.18)
 4.92 
XSOE  0.59  0.19  0.16  0.55  0.33 
(0.70)
 1.42 
(1.24)
 4.79 

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY