Listed Funds Correlations

CBLS Etf

USD 27.17 0.01 0.04%

The current 90-days correlation between Listed Funds Trust and Changebridge Capital Sustainable is 0.83 (i.e., Very poor diversification). The correlation of Listed Funds 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.

Listed Funds Correlation With Market

Modest diversification

The correlation between Listed Funds Trust and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Listed Funds Trust 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 Listed Funds Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Listed Etf

0.76	ACIO	Aptus Collared Income	Pair Corr
0.75	ADME	Aptus Drawdown Managed	Pair Corr
0.7	MSTB	ETF Series Solutions	Pair Corr
0.81	HEGD	Swan Hedged Equity	Pair Corr
0.62	VAMO	Cambria Value	Pair Corr
0.87	HEQT	Simplify Exchange Traded	Pair Corr
0.86	VTI	Vanguard Total Stock	Pair Corr
0.85	SPY	SPDR SP 500	Pair Corr
0.85	IVV	iShares Core SP	Pair Corr
0.83	VUG	Vanguard Growth Index	Pair Corr
0.68	VO	Vanguard Mid Cap	Pair Corr
0.75	VB	Vanguard Small Cap	Pair Corr
0.8	WMT	Walmart Aggressive Push	Pair Corr
0.87	DIS	Walt Disney	Pair Corr
0.88	CSCO	Cisco Systems	Pair Corr
0.9	BAC	Bank of America Earnings Call This Week	Pair Corr
0.74	T	ATT Inc Sell-off Trend	Pair Corr

Moving against Listed Etf

0.64	CCOR	Core Alternative ETF	Pair Corr
0.63	VEA	Vanguard FTSE Developed Sell-off Trend	Pair Corr
0.34	BND	Vanguard Total Bond	Pair Corr
0.79	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.73	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.72	VWO	Vanguard FTSE Emerging	Pair Corr
0.68	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.43	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.38	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	CBSE	LBAY	FTLS	CCOR	FLSP
CBSE		-0.62	0.92	-0.64	0.32	CBSE
LBAY	-0.62		-0.75	0.97	-0.09	LBAY
FTLS	0.92	-0.75		-0.76	0.24	FTLS
CCOR	-0.64	0.97	-0.76		-0.08	CCOR
FLSP	0.32	-0.09	0.24	-0.08		FLSP
	CBSE	LBAY	FTLS	CCOR	FLSP

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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

CCOR	+ 0.97	LBAY
FTLS	+ 0.92	CBSE
FLSP	+ 0.32	CBSE
FLSP	+ 0.24	FTLS

High negative correlations

CCOR	- 0.76	FTLS
FTLS	- 0.75	LBAY
CCOR	- 0.64	CBSE
LBAY	- 0.62	CBSE
FLSP	- 0.09	LBAY
FLSP	- 0.08	CCOR

Listed Funds Constituents Risk-Adjusted Indicators

There is a big difference between Listed Etf performing well and Listed Funds 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 Listed Funds' 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
CBSE	0.98	0.13	0.09	0.42	1.04	(1.06)	2.46	(1.39)	7.60
LBAY	0.54	(0.21)	0.00	(2.02)	0.00	0.00	0.79	(1.37)	2.96
FTLS	0.44	0.07	0.07	1.24	0.61	(0.46)	0.99	(0.59)	4.67
CCOR	0.43	(0.12)	0.00	(48.71)	0.00	0.00	0.70	(0.88)	1.73
FLSP	0.44	(0.02)	0.00	(0.52)	0.00	0.00	1.05	(0.87)	2.52

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