IShares MSCI Correlations

EMXC Etf

USD 56.13 0.05 0.09%

The current 90-days correlation between iShares MSCI Emerging and iShares ESG Aware is 0.89 (i.e., Very poor diversification). The correlation of IShares MSCI 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.

IShares MSCI Correlation With Market

Good diversification

The correlation between iShares MSCI Emerging and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares MSCI Emerging and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with IShares Etf

0.64	EMC	Global X Funds	Pair Corr
0.64	BA	Boeing	Pair Corr

Moving against IShares Etf

0.32	PFE	Pfizer Inc	Pair Corr
0.31	PMBS	PIMCO Mortgage Backed	Pair Corr
0.4	TRV	The Travelers Companies	Pair Corr
0.35	VZ	Verizon Communications	Pair Corr

Related Correlations Analysis

	ESGE	EEMA	ESGD	IEUS	IQLT
ESGE		0.97	0.91	0.92	0.93	ESGE
EEMA	0.97		0.89	0.91	0.89	EEMA
ESGD	0.91	0.89		0.99	0.99	ESGD
IEUS	0.92	0.91	0.99		0.97	IEUS
IQLT	0.93	0.89	0.99	0.97		IQLT
	ESGE	EEMA	ESGD	IEUS	IQLT

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IShares MSCI Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares MSCI 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 MSCI'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
ESGE	0.79	0.07	0.11	(1.06)	0.95	(0.86)	1.64	(1.70)	5.13
EEMA	0.92	0.06	0.08	(0.42)	1.08	(1.00)	1.76	(1.91)	6.66
ESGD	0.64	0.14	0.21	(11.17)	0.60	(0.68)	1.34	(1.13)	4.51
IEUS	0.82	0.13	0.16	(18.10)	0.86	(0.90)	2.09	(1.44)	6.18
IQLT	0.64	0.12	0.21	48.88	0.63	(0.76)	1.34	(1.25)	3.87

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