FlexShares Real Correlations

Etfs . USA . 
Etf . FlexShares Real Assets
ASET Etf  USD 31.16  0.22  0.71%   
The current 90-days correlation between FlexShares Real Assets and WisdomTree Interest Rate is -0.28 (i.e., Very good diversification). The correlation of FlexShares Real 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.

FlexShares Real Correlation With Market

Very weak diversification

The correlation between FlexShares Real Assets and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FlexShares Real Assets and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in FlexShares Real Assets. 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 FlexShares Etf

  0.9GCOW Pacer Global CashPairCorr
  0.84WDIV SPDR SP GlobalPairCorr
  0.92DGT SPDR Global DowPairCorr
  0.93DEW WisdomTree Global HighPairCorr
  0.88JDIV JP Morgan ExchangePairCorr
  0.86BABX GraniteShares 175x LongPairCorr
  0.85GDXU MicroSectors Gold MinersPairCorr
  0.88XPP ProShares Ultra FTSEPairCorr
  0.83JNUG Direxion Daily JuniorPairCorr
  0.85KO Coca ColaPairCorr
  0.91T ATT Inc Sell-off TrendPairCorr
  0.68INTC Intel Sell-off TrendPairCorr
  0.82GE GE AerospacePairCorr
  0.75TRV The Travelers CompaniesPairCorr
  0.84VZ Verizon CommunicationsPairCorr
  0.65PG Procter GamblePairCorr
  0.65XOM Exxon Mobil Corp Earnings Call This WeekPairCorr
  0.68CVX Chevron CorpPairCorr

Moving against FlexShares Etf

  0.6PFIX Simplify Interest RatePairCorr
  0.47CAT CaterpillarPairCorr
  0.42WTID UBS ETRACSPairCorr
  0.65MRK Merck CompanyPairCorr
  0.64MSFT Microsoft Aggressive PushPairCorr
  0.59AA Alcoa CorpPairCorr
  0.37DIS Walt DisneyPairCorr
  0.31AXP American ExpressPairCorr

Related Correlations Analysis

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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   
CIL
+ 0.93
FDTS
CIL
+ 0.43
AGZD
FDTS
+ 0.32
AGZD
BICK
+ 0.0
AGZD
CIZ
+ 0.0
AGZD
FDTS
+ 0.0
BICK
  
High negative correlations   
CIL
- 0.0
CIZ
CIZ
- 0.0
FDTS
CIL
- 0.0
BICK
CIZ
- 0.0
BICK
FDTS
- 0.0
BICK
CIZ
- 0.0
AGZD

FlexShares Real Constituents Risk-Adjusted Indicators

There is a big difference between FlexShares Etf performing well and FlexShares Real 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 FlexShares Real'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.

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