Avantis Real Correlations

AVRE Etf

USD 44.14 0.61 1.36%

The current 90-days correlation between Avantis Real Estate and Avantis Emerging Markets is -0.16 (i.e., Good diversification). The correlation of Avantis 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.

Avantis Real Correlation With Market

Modest diversification

The correlation between Avantis Real Estate and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Avantis Real Estate 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 Avantis Real Estate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Avantis Etf

0.9	REET	iShares Global REIT Sell-off Trend	Pair Corr
0.92	RWO	SPDR Dow Jones	Pair Corr
0.85	HAUZ	Xtrackers International	Pair Corr
0.89	RWX	SPDR Dow Jones	Pair Corr
0.8	GQRE	FlexShares Global Quality	Pair Corr
0.9	IFGL	iShares International	Pair Corr
0.92	WTRE	WisdomTree New Economy	Pair Corr
0.84	BND	Vanguard Total Bond	Pair Corr
0.76	VEA	Vanguard FTSE Developed	Pair Corr
0.79	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.9	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr

Moving against Avantis Etf

0.73	VUG	Vanguard Growth Index	Pair Corr
0.7	VTI	Vanguard Total Stock	Pair Corr
0.7	SPY	SPDR SP 500	Pair Corr
0.7	IVV	iShares Core SP	Pair Corr
0.67	VO	Vanguard Mid Cap Potential Growth	Pair Corr
0.65	VB	Vanguard Small Cap	Pair Corr
0.51	VTV	Vanguard Value Index Potential Growth	Pair Corr
0.78	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.77	CSCO	Cisco Systems	Pair Corr
0.75	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.67	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.65	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.65	T	ATT Inc Sell-off Trend	Pair Corr
0.62	DIS	Walt Disney Sell-off Trend	Pair Corr
0.59	WMT	Walmart	Pair Corr
0.51	HPQ	HP Inc	Pair Corr
0.4	INTC	Intel Sell-off Trend	Pair Corr
0.33	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr

Related Correlations Analysis

	AVES	AVLV	AVEM	AVUS	AVDE
AVES		-0.3	0.99	-0.29	0.75	AVES
AVLV	-0.3		-0.23	0.99	-0.53	AVLV
AVEM	0.99	-0.23		-0.23	0.7	AVEM
AVUS	-0.29	0.99	-0.23		-0.51	AVUS
AVDE	0.75	-0.53	0.7	-0.51		AVDE
	AVES	AVLV	AVEM	AVUS	AVDE

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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

AVEM	+ 0.99	AVES
AVUS	+ 0.99	AVLV
AVDE	+ 0.75	AVES
AVDE	+ 0.7	AVEM

High negative correlations

AVDE	- 0.53	AVLV
AVDE	- 0.51	AVUS
AVLV	- 0.3	AVES
AVUS	- 0.29	AVES
AVUS	- 0.23	AVEM
AVEM	- 0.23	AVLV

Avantis Real Constituents Risk-Adjusted Indicators

There is a big difference between Avantis Etf performing well and Avantis 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 Avantis 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AVES	0.80	0.02	(0.06)	0.21	1.04	(0.81)	1.78	(1.87)	6.52
AVLV	0.53	0.07	0.13	0.19	0.00	(0.66)	1.25	(0.77)	4.73
AVEM	0.79	0.04	(0.04)	0.33	0.97	(0.85)	1.98	(1.86)	5.78
AVUS	0.51	0.07	0.10	0.19	0.27	(0.60)	1.03	(0.82)	4.58
AVDE	0.59	(0.03)	(0.14)	0.03	0.69	(0.61)	1.23	(1.14)	3.83

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