Simplify Managed Correlations

CTA Etf

USD 27.05 0.02 0.07%

The current 90-days correlation between Simplify Managed Futures and ProShares Ultra Silver is 0.57 (i.e., Very weak diversification). The correlation of Simplify Managed 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.

Simplify Managed Correlation With Market

Average diversification

The correlation between Simplify Managed Futures and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Simplify Managed Futures and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Simplify Etf

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Simplify Managed Futures. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Moving together with Simplify Etf

0.61

KMLM

KFA Mount Lucas

Pair Corr

Moving against Simplify Etf

0.57	BFEB	Innovator SP 500	Pair Corr
0.54	JEPQ	JPMorgan Nasdaq Equity	Pair Corr
0.53	FELV	Fidelity Covington Trust	Pair Corr
0.5	AMPD	Tidal ETF Services	Pair Corr
0.5	FIAX	Nicholas Fixed Income	Pair Corr
0.49	MEDI	Harbor Health Care	Pair Corr
0.48	CPST	Calamos ETF Trust	Pair Corr
0.46	SCHX	Schwab Large Cap	Pair Corr
0.4	IBTI	iShares iBonds Dec	Pair Corr
0.39	ITDD	iShares Trust	Pair Corr
0.33	DBMF	iMGP DBi Managed	Pair Corr
0.31	WTMF	WisdomTree Managed	Pair Corr
0.68	BAC	Bank of America	Pair Corr
0.68	MMM	3M Company	Pair Corr
0.68	AXP	American Express	Pair Corr
0.67	DD	Dupont De Nemours	Pair Corr
0.63	CSCO	Cisco Systems	Pair Corr
0.61	IBM	International Business	Pair Corr
0.52	CAT	Caterpillar	Pair Corr
0.39	JNJ	Johnson Johnson	Pair Corr
0.34	PFE	Pfizer Inc	Pair Corr
0.32	JPM	JPMorgan Chase	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.64	0.64	-0.7	0.68	-0.71	0.23	-0.07	-0.66	-0.64	META
MSFT	0.64		0.84	-0.47	0.28	-0.31	0.23	-0.2	-0.74	-0.58	MSFT
UBER	0.64	0.84		-0.61	0.5	-0.55	0.13	0.05	-0.82	-0.57	UBER
F	-0.7	-0.47	-0.61		-0.73	0.71	0.2	0.25	0.71	0.74	F
T	0.68	0.28	0.5	-0.73		-0.77	-0.33	0.03	-0.55	-0.44	T
A	-0.71	-0.31	-0.55	0.71	-0.77		-0.07	-0.23	0.7	0.39	A
CRM	0.23	0.23	0.13	0.2	-0.33	-0.07		0.19	-0.15	0.02	CRM
JPM	-0.07	-0.2	0.05	0.25	0.03	-0.23	0.19		0.04	0.23	JPM
MRK	-0.66	-0.74	-0.82	0.71	-0.55	0.7	-0.15	0.04		0.61	MRK
XOM	-0.64	-0.58	-0.57	0.74	-0.44	0.39	0.02	0.23	0.61		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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

UBER	+ 0.84	MSFT
XOM	+ 0.74	F
A	+ 0.71	F
MRK	+ 0.71	F
MRK	+ 0.7	A
T	+ 0.68	META

High negative correlations

MRK	- 0.82	UBER
A	- 0.77	T
MRK	- 0.74	MSFT
T	- 0.73	F
A	- 0.71	META
F	- 0.7	META

Simplify Managed Competition Risk-Adjusted Indicators

There is a big difference between Simplify Etf performing well and Simplify Managed 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 Simplify Managed'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
META	1.38	(0.27)	0.00	(0.24)	0.00	0.00	2.26	(2.72)	13.52
MSFT	0.94	(0.16)	0.00	(0.19)	0.00	0.00	1.85	(2.50)	5.08
UBER	1.59	(0.35)	0.00	(0.29)	0.00	0.00	3.34	(4.99)	10.91
F	1.47	0.18	0.11	0.19	1.67	(1.61)	3.38	(2.35)	16.30
T	0.95	(0.32)	0.00	(0.97)	0.00	0.00	1.61	(2.18)	5.75
A	1.26	0.09	0.07	0.15	1.26	(1.38)	2.34	(2.21)	11.03
CRM	1.59	0.02	0.01	0.08	2.07	(1.56)	3.66	(2.92)	9.91
JPM	1.00	(0.04)	(0.02)	0.03	1.50	(0.94)	2.00	(1.91)	7.02
MRK	1.39	0.26	0.19	0.38	1.12	(1.78)	4.85	(2.06)	11.45
XOM	0.96	0.03	(0.02)	0.19	1.06	(1.01)	1.96	(1.51)	4.63

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