IShares Core Correlations

IUSB Etf

USD 46.84 0.10 0.21%

The current 90-days correlation between iShares Core Total and iShares Core 1 5 is 0.91 (i.e., Almost no diversification). The correlation of IShares Core 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 Core Correlation With Market

Average diversification

The correlation between iShares Core Total and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Core Total and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with IShares Etf

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Core Total. 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 IShares Etf

1.0	FIXD	First Trust TCW	Pair Corr
1.0	FBND	Fidelity Total Bond	Pair Corr
1.0	TOTL	SPDR DoubleLine Total	Pair Corr
0.95	BNDS	Series Portfolios Trust	Pair Corr
1.0	HTRB	Hartford Total Return	Pair Corr
0.79	DRSK	Aptus Defined Risk	Pair Corr
1.0	GTO	Invesco Total Return	Pair Corr
1.0	EUSB	iShares Trust	Pair Corr
1.0	JCPB	JPMorgan Core Plus	Pair Corr
0.9	GDXU	MicroSectors Gold Miners	Pair Corr
0.89	JNUG	Direxion Daily Junior	Pair Corr
0.79	WGMI	Valkyrie Bitcoin Miners	Pair Corr
0.92	NUGT	Direxion Daily Gold	Pair Corr
0.74	STCE	Schwab Strategic Trust	Pair Corr
0.79	PSIL	AdvisorShares Psychedelics	Pair Corr
0.64	TARK	AXS 2X Innovation	Pair Corr
0.77	NLR	VanEck UraniumNuclear	Pair Corr
0.99	BSCT	Invesco BulletShares 2029	Pair Corr
0.82	TQQQ	ProShares UltraPro QQQ	Pair Corr
0.89	IBUF	Innovator ETFs Trust	Pair Corr
0.83	VGT	Vanguard Information	Pair Corr
0.79	EMCS	Xtrackers MSCI Emerging Symbol Change	Pair Corr
0.73	OARK	YieldMax ARKK Option	Pair Corr
0.69	LITP	Sprott Lithium Miners	Pair Corr
1.0	GOVT	iShares Treasury Bond	Pair Corr
0.75	EGGY	NestYield Dynamic Income	Pair Corr
0.9	SPY	SPDR SP 500	Pair Corr
0.95	CPNS	Calamos ETF Trust	Pair Corr
0.93	CNXT	VanEck ChiNext ETF	Pair Corr
0.82	TSLY	YieldMax TSLA Option	Pair Corr
0.91	IOO	iShares Global 100	Pair Corr
0.96	GOOY	YieldMax GOOGL Option	Pair Corr
0.76	AGQ	ProShares Ultra Silver	Pair Corr
0.87	SGDJ	Sprott Junior Gold	Pair Corr
0.93	GDX	VanEck Gold Miners	Pair Corr
0.95	VRIG	Invesco Variable Rate	Pair Corr

Moving against IShares Etf

0.41

BITX

Volatility Shares Trust

Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.25	0.08	-0.01	0.63	-0.18	-0.58	0.09	-0.34	-0.22	META
MSFT	0.25		-0.14	-0.15	-0.4	0.05	-0.35	0.1	-0.11	-0.32	MSFT
UBER	0.08	-0.14		0.81	0.11	0.63	-0.42	0.67	0.38	0.64	UBER
F	-0.01	-0.15	0.81		0.09	0.74	-0.41	0.6	0.61	0.61	F
T	0.63	-0.4	0.11	0.09		-0.19	-0.23	0.13	-0.18	0.02	T
A	-0.18	0.05	0.63	0.74	-0.19		-0.34	0.66	0.74	0.57	A
CRM	-0.58	-0.35	-0.42	-0.41	-0.23	-0.34		-0.34	-0.16	0.02	CRM
JPM	0.09	0.1	0.67	0.6	0.13	0.66	-0.34		0.19	0.7	JPM
MRK	-0.34	-0.11	0.38	0.61	-0.18	0.74	-0.16	0.19		0.25	MRK
XOM	-0.22	-0.32	0.64	0.61	0.02	0.57	0.02	0.7	0.25		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

F	+ 0.81	UBER
A	+ 0.74	F
MRK	+ 0.74	A
XOM	+ 0.7	JPM
JPM	+ 0.67	UBER
JPM	+ 0.66	A

High negative correlations

CRM	- 0.58	META
CRM	- 0.42	UBER
CRM	- 0.41	F
T	- 0.4	MSFT
CRM	- 0.35	MSFT
JPM	- 0.34	CRM

IShares Core Competition Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares Core 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 Core'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	1.29	(0.05)	0.00	(0.05)	0.00	0.00	2.18	(2.32)	14.28
MSFT	0.76	0.02	0.01	0.06	0.95	(0.75)	1.86	(1.64)	6.50
UBER	1.45	(0.05)	0.00	(0.06)	0.00	0.00	3.62	(3.30)	8.86
F	1.19	(0.07)	0.00	(0.03)	0.00	0.00	2.98	(2.20)	9.82
T	0.84	(0.09)	0.00	(1.25)	0.00	0.00	1.73	(2.32)	6.47
A	1.55	0.12	0.08	0.08	1.65	(1.71)	3.82	(2.59)	10.12
CRM	1.35	(0.15)	0.00	(0.12)	0.00	0.00	2.32	(3.30)	8.74
JPM	0.74	0.05	0.04	0.07	0.99	(0.75)	1.67	(1.51)	4.93
MRK	1.30	0.04	0.02	0.05	1.42	(1.41)	2.91	(2.57)	8.77
XOM	0.92	(0.05)	0.00	(0.10)	0.00	0.00	1.72	(2.42)	4.70

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