IShares China Correlations

Etfs . USA . 
Etf . iShares China Large Cap
FXI Etf  USD 38.06  0.47  1.25%   
The current 90-days correlation between iShares China Large and iShares MSCI Brazil is 0.26 (i.e., Modest diversification). The correlation of IShares China 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.

IShares China Correlation With Market

Weak diversification

The correlation between iShares China Large Cap and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares China Large Cap and DJI in the same portfolio, assuming nothing else is changed.
  
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares China Large Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.

Moving together with IShares Etf

  0.95KWEB KraneShares CSI China Aggressive PushPairCorr
  0.95EWT iShares MSCI TaiwanPairCorr
  0.9ASHR Xtrackers Harvest CSI Aggressive PushPairCorr
  0.99GXC SPDR SP ChinaPairCorr
  0.81CQQQ Invesco China TechnologyPairCorr
  0.97CXSE WisdomTree ChinaPairCorr
  0.95EWH iShares MSCI HongPairCorr
  0.9KBA KraneShares Bosera MSCIPairCorr
  0.91CNYA iShares MSCI China Low VolatilityPairCorr
  0.9GBTC Grayscale Bitcoin TrustPairCorr
  0.89USD ProShares Ultra SemiPairCorr
  0.91DFEN Direxion Daily AerospacePairCorr
  0.93DUSL Direxion Daily IndusPairCorr
  0.7DIG ProShares Ultra OilPairCorr
  0.93FNGO MicroSectors FANG IndexPairCorr
  0.65MLPR ETRACS Quarterly PayPairCorr
  0.9KGRN KraneShares MSCI ChinaPairCorr
  0.92BAC Bank of AmericaPairCorr
  0.9JPM JPMorgan ChasePairCorr
  0.89CSCO Cisco SystemsPairCorr
  0.84DD Dupont De NemoursPairCorr
  0.72CVX Chevron CorpPairCorr
  0.92GE GE Aerospace Earnings Call This WeekPairCorr
  0.94MSFT MicrosoftPairCorr
  0.75PFE Pfizer IncPairCorr
  0.92DIS Walt DisneyPairCorr
  0.87MMM 3M CompanyPairCorr

Moving against IShares Etf

  0.66FNGU MicroSectors FANG Index Symbol ChangePairCorr
  0.59MCD McDonaldsPairCorr
  0.57KO Coca Cola Earnings Call This WeekPairCorr
  0.52PG Procter GamblePairCorr
  0.39VZ Verizon Communications Earnings Call This WeekPairCorr

Related Correlations Analysis

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IShares China Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares China 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 China'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.

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