IShares Emerging Correlations

EMIF Etf

USD 20.60 0.13 0.63%

The current 90-days correlation between iShares Emerging Markets and iShares Global Infrastructure is 0.4 (i.e., Very weak diversification). The correlation of IShares Emerging 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.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with IShares Etf

0.93	VWO	Vanguard FTSE Emerging	Pair Corr
0.94	IEMG	iShares Core MSCI	Pair Corr
0.88	EMC	Global X Funds	Pair Corr
0.94	EEM	iShares MSCI Emerging	Pair Corr
0.93	SPEM	SPDR Portfolio Emerging	Pair Corr
0.96	FNDE	Schwab Fundamental	Pair Corr
0.95	ESGE	iShares ESG Aware	Pair Corr
0.91	DGS	WisdomTree Emerging	Pair Corr
0.94	XSOE	WisdomTree Emerging	Pair Corr
0.84	EMXC	iShares MSCI Emerging	Pair Corr
0.84	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.71	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.66	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.72	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.62	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.76	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Moving against IShares Etf

0.85	DSJA	DSJA	Pair Corr
0.77	RSPY	Tuttle Capital Management	Pair Corr
0.69	MEME	Roundhill Investments	Pair Corr
0.44	MSFT	Microsoft	Pair Corr
0.86	CSCO	Cisco Systems	Pair Corr
0.76	DIS	Walt Disney	Pair Corr
0.74	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr

Related Correlations Analysis

	IGF	EEMA	ENZL	IFGL	ISHG
IGF		0.3	0.73	0.5	0.4	IGF
EEMA	0.3		0.7	0.91	0.93	EEMA
ENZL	0.73	0.7		0.87	0.8	ENZL
IFGL	0.5	0.91	0.87		0.96	IFGL
ISHG	0.4	0.93	0.8	0.96		ISHG
	IGF	EEMA	ENZL	IFGL	ISHG

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IShares Emerging Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares Emerging 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 IShares Emerging'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
IGF	0.57	(0.03)	(0.12)	1.11	(1.39)	3.84
EEMA	0.80	(0.12)	(1.14)	1.40	(2.36)	5.77
ENZL	0.81	(0.12)	(0.68)	1.34	(1.83)	5.31
IFGL	0.59	(0.23)	(1.73)	0.92	(1.29)	3.71
ISHG	0.31	(0.11)	(1.31)	0.58	(0.67)	2.07

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IShares Emerging Correlations

Moving together with IShares Etf

Moving against IShares Etf

Related Correlations Analysis

IShares Emerging Constituents Risk-Adjusted Indicators

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