EA Series Correlations

STXI Etf

28.30 0.03 0.11%

The current 90-days correlation between EA Series Trust and First Trust Emerging is -0.14 (i.e., Good diversification). The correlation of EA Series 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.

EA Series Correlation With Market

Very poor diversification

The correlation between EA Series Trust and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EA Series Trust and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with STXI Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in EA Series 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 interest.

Moving together with STXI Etf

1.0	VEA	Vanguard FTSE Developed	Pair Corr
1.0	IEFA	iShares Core MSCI	Pair Corr
0.93	VEU	Vanguard FTSE All	Pair Corr
0.93	EFA	iShares MSCI EAFE	Pair Corr
1.0	IXUS	iShares Core MSCI	Pair Corr
1.0	SPDW	SPDR SP World	Pair Corr
0.93	IDEV	iShares Core MSCI	Pair Corr
1.0	ESGD	iShares ESG Aware	Pair Corr
1.0	JIRE	JP Morgan Exchange	Pair Corr
0.93	DFAX	Dimensional World	Pair Corr
0.87	USD	ProShares Ultra Semi	Pair Corr
0.89	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.94	FNGO	MicroSectors FANG Index	Pair Corr
0.92	DUSL	Direxion Daily Indus	Pair Corr
0.87	SPXL	Direxion Daily SP500 Sell-off Trend	Pair Corr
0.87	UPRO	ProShares UltraPro SP500 Sell-off Trend	Pair Corr
0.89	TECL	Direxion Daily Technology	Pair Corr
0.98	GLOF	iShares MSCI Global	Pair Corr
0.91	NFXL	Direxion Daily NFLX	Pair Corr
0.87	BPI	Grayscale Funds Trust	Pair Corr
0.89	SPHY	SPDR Portfolio High	Pair Corr
0.83	OBND	SSGA Active Trust	Pair Corr
0.89	FORH	Formidable ETF	Pair Corr
0.86	ARKQ	ARK Autonomous Technology	Pair Corr
0.68	PICB	Invesco International	Pair Corr
0.94	QGRW	WisdomTree Trust	Pair Corr
0.87	IHY	VanEck International High	Pair Corr
0.94	AOHY	Angel Oak High	Pair Corr
0.88	ARKB	ARK 21Shares Bitcoin	Pair Corr
0.92	FRNW	Fidelity Covington Trust	Pair Corr
0.88	HWAY	Themes Infrastructure ETF	Pair Corr
0.88	CBTJ	Calamos Bitcoin 80	Pair Corr
0.92	DJUL	FT Cboe Vest	Pair Corr
0.95	EURL	Direxion Daily FTSE	Pair Corr
0.88	BRRR	Valkyrie Bitcoin	Pair Corr

Related Correlations Analysis

	RNEM	RNDV	LBHIX	MSTSX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL
RNEM		0.84	0.84	0.86	0.79	0.83	0.0	-0.6	-0.3	0.82	RNEM
RNDV	0.84		0.85	0.87	0.72	0.88	0.0	-0.37	-0.47	0.76	RNDV
LBHIX	0.84	0.85		0.97	0.94	0.97	0.0	-0.54	-0.26	0.94	LBHIX
MSTSX	0.86	0.87	0.97		0.89	0.99	0.0	-0.53	-0.3	0.93	MSTSX
VIASP	0.79	0.72	0.94	0.89		0.89	0.0	-0.64	-0.28	0.96	VIASP
RRTLX	0.83	0.88	0.97	0.99	0.89		0.0	-0.49	-0.31	0.92	RRTLX
OSHDF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	OSHDF
70082LAB3	-0.6	-0.37	-0.54	-0.53	-0.64	-0.49	0.0		0.25	-0.6	70082LAB3
SITKF	-0.3	-0.47	-0.26	-0.3	-0.28	-0.31	0.0	0.25		-0.28	SITKF
RWAYL	0.82	0.76	0.94	0.93	0.96	0.92	0.0	-0.6	-0.28		RWAYL
	RNEM	RNDV	LBHIX	MSTSX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

RRTLX	+ 0.99	MSTSX
MSTSX	+ 0.97	LBHIX
RRTLX	+ 0.97	LBHIX
RWAYL	+ 0.96	VIASP
VIASP	+ 0.94	LBHIX
RWAYL	+ 0.94	LBHIX

High negative correlations

70082LAB3	- 0.64	VIASP
RWAYL	- 0.6	70082LAB3
70082LAB3	- 0.6	RNEM
70082LAB3	- 0.54	LBHIX
70082LAB3	- 0.53	MSTSX
70082LAB3	- 0.49	RRTLX

EA Series Constituents Risk-Adjusted Indicators

There is a big difference between STXI Etf performing well and EA Series 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 EA Series' 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
RNEM	0.88	0.10	0.05	(1.00)	1.37	(0.87)	1.59	(1.28)	13.24
RNDV	1.15	0.04	0.01	(0.38)	1.77	(1.25)	2.41	(2.34)	11.03
LBHIX	0.23	0.02	0.01	0.17	0.28	(0.35)	0.72	(0.49)	1.94
MSTSX	0.82	0.05	0.03	0.07	1.38	(0.85)	1.87	(1.54)	10.06
VIASP	0.63	0.11	0.11	1.05	0.67	(0.73)	1.81	(1.03)	4.84
RRTLX	0.39	0.02	0.01	0.06	0.63	(0.41)	0.82	(0.94)	4.11
OSHDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
70082LAB3	1.57	(0.11)	0.00	(1.85)	0.00	0.00	2.71	(5.06)	20.47
SITKF	3.68	0.63	0.11	(13.29)	3.69	(5.70)	10.26	(6.98)	28.38
RWAYL	0.16	0.02	0.03	0.36	0.12	(0.20)	0.36	(0.24)	1.26

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