SEI Select Correlations

SEEM Etf

27.99 0.01 0.04%

The current 90-days correlation between SEI Select Emerging and Strategy Shares is 0.22 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SEI Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SEI Select Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

SEI Select Correlation With Market

Good diversification

The correlation between SEI Select Emerging and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SEI Select Emerging and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with SEI Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SEI Select Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with SEI Etf

0.98	VWO	Vanguard FTSE Emerging	Pair Corr
0.99	IEMG	iShares Core MSCI Sell-off Trend	Pair Corr
0.98	EMC	Global X Funds	Pair Corr
0.99	EEM	iShares MSCI Emerging	Pair Corr
0.96	SPEM	SPDR Portfolio Emerging	Pair Corr
0.98	FNDE	Schwab Fundamental	Pair Corr
0.99	ESGE	iShares ESG Aware	Pair Corr
0.99	SFGRX	Seafarer Overseas	Pair Corr
0.98	DGS	WisdomTree Emerging	Pair Corr
0.98	XSOE	WisdomTree Emerging	Pair Corr
0.9	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.97	USD	ProShares Ultra Semi Downward Rally	Pair Corr
0.98	TECL	Direxion Daily Technology	Pair Corr
0.98	ROM	ProShares Ultra Tech	Pair Corr
0.98	QLD	ProShares Ultra QQQ	Pair Corr
0.98	SMH	VanEck Semiconductor ETF	Pair Corr
0.98	SOXX	iShares Semiconductor ETF	Pair Corr
0.98	SPXL	Direxion Daily SP500 Sell-off Trend	Pair Corr
0.98	UPRO	ProShares UltraPro SP500 Sell-off Trend	Pair Corr
0.92	AXP	American Express	Pair Corr
0.91	BA	Boeing Earnings Call This Week	Pair Corr
0.93	GE	GE Aerospace	Pair Corr
0.97	MSFT	Microsoft Earnings Call This Week	Pair Corr
0.94	DIS	Walt Disney	Pair Corr
0.9	AA	Alcoa Corp	Pair Corr
0.83	CVX	Chevron Corp	Pair Corr
0.86	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.97	JPM	JPMorgan Chase	Pair Corr
0.93	IBM	International Business Earnings Call Today	Pair Corr
0.98	CAT	Caterpillar	Pair Corr

Moving against SEI Etf

0.32

Verizon Communications Aggressive Push

Pair Corr

Related Correlations Analysis

	DHSB	MBOX	DINT	MCHI	DIVS	DIVY	DIVZ	PY	VT
DHSB		0.92	0.96	0.87	0.93	0.91	0.92	0.93	0.95	DHSB
MBOX	0.92		0.94	0.88	0.94	0.98	0.95	0.99	0.97	MBOX
DINT	0.96	0.94		0.91	0.96	0.93	0.94	0.95	0.98	DINT
MCHI	0.87	0.88	0.91		0.89	0.87	0.87	0.89	0.91	MCHI
DIVS	0.93	0.94	0.96	0.89		0.93	0.96	0.95	0.98	DIVS
DIVY	0.91	0.98	0.93	0.87	0.93		0.96	0.98	0.97	DIVY
DIVZ	0.92	0.95	0.94	0.87	0.96	0.96		0.96	0.98	DIVZ
PY	0.93	0.99	0.95	0.89	0.95	0.98	0.96		0.98	PY
VT	0.95	0.97	0.98	0.91	0.98	0.97	0.98	0.98		VT
	DHSB	MBOX	DINT	MCHI	DIVS	DIVY	DIVZ	PY	VT

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

SEI Select Constituents Risk-Adjusted Indicators

There is a big difference between SEI Etf performing well and SEI Select 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 SEI Select'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
DHSB	0.34	0.14	(0.11)	(0.20)	0.58	(0.36)	0.96	(0.44)	5.27
MBOX	0.54	0.01	(0.04)	0.18	0.58	(0.58)	1.66	(1.16)	3.86
DINT	0.72	0.29	0.16	(10.75)	0.21	(0.83)	2.15	(0.97)	4.80
MCHI	0.91	0.21	0.12	0.64	0.64	(1.15)	2.66	(1.83)	5.88
DIVS	0.54	0.06	(0.03)	0.27	0.30	(0.65)	1.26	(0.92)	3.27
DIVY	0.84	0.08	0.06	0.25	0.74	(0.96)	2.13	(1.46)	5.00
DIVZ	0.54	0.05	(0.03)	0.25	0.45	(0.61)	1.06	(0.84)	3.72
PY	0.63	0.04	0.02	0.21	0.54	(0.75)	1.59	(1.03)	5.03
VT	0.52	0.13	0.12	0.35	0.16	(0.62)	1.74	(0.97)	3.72

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