IShares Treasury Correlations

IBTM Etf

USD 177.28 0.84 0.47%

The current 90-days correlation between iShares Treasury Bond and HSBC MSCI Europe is -0.04 (i.e., Good diversification). The correlation of IShares Treasury 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. If the correlation is 0, the equities are not correlated; they are entirely random.

IShares Treasury Correlation With Market

Significant diversification

The correlation between iShares Treasury Bond and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Treasury Bond and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to IShares Treasury could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Treasury when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Treasury - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Treasury Bond to buy it.

Moving together with IShares Etf

0.99	CSBGU0	iShares VII PLC	Pair Corr
0.91	UT7US	UBSFund Solutions	Pair Corr
0.92	US3	Amundi Treasury Bond	Pair Corr
0.78	ESGEMD	UBSFund Solutions	Pair Corr
0.62	MLPD	Invesco Morningstar	Pair Corr
0.82	STSX	SPDR MSCI Europe	Pair Corr

Related Correlations Analysis

	IWDP	CHIP	SPESGE	XDUD	CBUS	CQQQ	HIWO	HIEU
IWDP		0.77	0.5	0.82	-0.05	-0.52	0.8	0.9	IWDP
CHIP	0.77		0.52	0.56	-0.11	-0.1	0.7	0.72	CHIP
SPESGE	0.5	0.52		0.73	-0.14	0.2	0.87	0.75	SPESGE
XDUD	0.82	0.56	0.73		-0.12	-0.3	0.87	0.87	XDUD
CBUS	-0.05	-0.11	-0.14	-0.12		-0.05	-0.08	-0.06	CBUS
CQQQ	-0.52	-0.1	0.2	-0.3	-0.05		-0.13	-0.33	CQQQ
HIWO	0.8	0.7	0.87	0.87	-0.08	-0.13		0.95	HIWO
HIEU	0.9	0.72	0.75	0.87	-0.06	-0.33	0.95		HIEU
	IWDP	CHIP	SPESGE	XDUD	CBUS	CQQQ	HIWO	HIEU

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

HIEU	+ 0.95	HIWO
HIEU	+ 0.9	IWDP
HIWO	+ 0.87	SPESGE
HIWO	+ 0.87	XDUD
HIEU	+ 0.87	XDUD
XDUD	+ 0.82	IWDP

High negative correlations

CQQQ	- 0.52	IWDP
HIEU	- 0.33	CQQQ
CQQQ	- 0.3	XDUD
CBUS	- 0.14	SPESGE
HIWO	- 0.13	CQQQ
CBUS	- 0.12	XDUD

IShares Treasury Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares Treasury 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 Treasury'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
IWDP	0.46	0.15	0.20	3.77	0.30	(0.54)	0.98	(0.83)	2.57
CHIP	1.46	0.15	0.06	(1.00)	1.64	(1.58)	3.83	(3.01)	9.00
SPESGE	0.52	0.05	0.03	0.28	0.60	(0.54)	1.35	(1.13)	3.32
XDUD	0.56	0.11	0.09	0.45	0.71	(0.57)	1.40	(1.28)	3.16
CBUS	0.85	0.02	(0.01)	0.29	1.38	(0.97)	3.06	(2.97)	6.36
CQQQ	1.15	(0.10)	0.00	(0.21)	0.00	0.00	2.29	(2.52)	6.39
HIWO	0.53	0.15	0.15	0.85	0.41	(0.71)	1.25	(0.95)	3.58
HIEU	0.58	0.22	0.30	2.41	0.05	(0.75)	1.37	(0.84)	3.39

Be your own money manager

Our tools can tell you how much better you can do entering a position in IShares Treasury without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Investing Opportunities Now

Investing Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences

All Next

Launch Module

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

2026 Macroaxis LLC