BlackRock ETF Correlations
| BTHMDelisted Etf | USD 33.12 0.17 0.52% |
The current 90-days correlation between BlackRock ETF Trust and iShares Factors Growth is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock ETF Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
BlackRock ETF Correlation With Market
Significant diversification
The correlation between BlackRock ETF Trust and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BlackRock ETF Trust and DJI in the same portfolio, assuming nothing else is changed.
BlackRock |
Moving against BlackRock Etf
| 0.49 | VEA | Vanguard FTSE Developed Sell-off Trend | PairCorr |
| 0.36 | BND | Vanguard Total Bond | PairCorr |
| 0.32 | VTV | Vanguard Value Index | PairCorr |
| 0.64 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.6 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.52 | HPQ | HP Inc | PairCorr |
| 0.48 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.31 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.31 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
Related Correlations Analysis
| 0.21 | -0.4 | -0.28 | 0.65 | STLG | ||
| 0.21 | -0.21 | 0.43 | 0.17 | USXF | ||
| -0.4 | -0.21 | 0.34 | -0.66 | BECO | ||
| -0.28 | 0.43 | 0.34 | -0.29 | BMED | ||
| 0.65 | 0.17 | -0.66 | -0.29 | LETB | ||
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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
| High negative correlations
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BlackRock ETF Constituents Risk-Adjusted Indicators
There is a big difference between BlackRock Etf performing well and BlackRock ETF 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 BlackRock ETF'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STLG | 0.78 | 0.19 | 0.15 | 8.67 | 0.85 | 1.47 | 5.49 | |||
| USXF | 0.71 | 0.03 | 0.02 | 0.12 | 1.03 | 1.42 | 5.89 | |||
| BECO | 0.72 | (0.04) | 0.00 | (0.40) | 0.00 | 1.36 | 4.11 | |||
| BMED | 0.73 | (0.01) | 0.00 | (0.06) | 0.00 | 1.26 | 5.44 | |||
| LETB | 0.13 | 0.00 | (0.07) | (0.05) | 0.14 | 0.39 | 0.91 |
Delisting Warning - BTHM
BlackRock ETF Trust was delisted
| The entity BlackRock ETF Trust with a symbol BTHM was delisted from NYSE ARCA Exchange. Please try iShares Thematic Rotation with a symbol THRO from now on. Check all delisted instruments accross multiple markets. |
Still Interested in BlackRock ETF Trust?
Investing in delisted delisted etfs can be risky, as the etf is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.