Xtrackers International Correlations

Etfs USA . 
Etf . Xtrackers International Real
HAUZ Etf  USD 20.49  0.08  0.39%   
The current 90-days correlation between Xtrackers International and Schwab Fundamental International is 0.05 (i.e., Significant diversification). The correlation of Xtrackers International 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.

Xtrackers International Correlation With Market

Good diversification

The correlation between Xtrackers International Real and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Xtrackers International Real and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Xtrackers International Real. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Xtrackers Etf

  0.75REET iShares Global REITPairCorr
  0.79RWO SPDR Dow JonesPairCorr
  0.91RWX SPDR Dow JonesPairCorr
  0.79GQRE FlexShares Global QualityPairCorr
  0.9AVRE Avantis Real EstatePairCorr
  0.87IFGL iShares InternationalPairCorr
  0.69WTRE WisdomTree New EconomyPairCorr
  0.82BND Vanguard Total Bond Sell-off TrendPairCorr
  0.88VEA Vanguard FTSE DevelopedPairCorr
  0.79GDXU MicroSectors Gold MinersPairCorr
  0.78MCD McDonaldsPairCorr
  0.65TRV The Travelers CompaniesPairCorr
  0.62INTC IntelPairCorr
  0.81JNJ Johnson JohnsonPairCorr
  0.78GE GE AerospacePairCorr
  0.77VZ Verizon Communications Aggressive PushPairCorr
  0.69CSCO Cisco Systems Aggressive PushPairCorr

Moving against Xtrackers Etf

  0.36VB Vanguard Small CapPairCorr
  0.34VUG Vanguard Growth IndexPairCorr
  0.68MRK Merck CompanyPairCorr
  0.63MSFT MicrosoftPairCorr
  0.58AA Alcoa CorpPairCorr
  0.36HPQ HP Inc Sell-off TrendPairCorr
  0.32DIS Walt DisneyPairCorr
  0.31HD Home DepotPairCorr

Related Correlations Analysis

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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   
FNDF
+ 0.99
FNDC
FNDE
+ 0.98
FNDC
EBND
+ 0.96
FNDC
FNDF
+ 0.96
EBND
FNDF
+ 0.95
FNDE
FNDE
+ 0.93
EBND
  
High negative correlations   
FNDF
- 0.66
FNDA
FNDA
- 0.64
FNDC
FNDE
- 0.61
FNDA
FNDA
- 0.56
EBND

Xtrackers International Constituents Risk-Adjusted Indicators

There is a big difference between Xtrackers Etf performing well and Xtrackers International 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 Xtrackers International'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.

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