IShares IBonds Correlations
| IBTG Etf | USD 22.74 0.02 0.09% |
The current 90-days correlation between iShares iBonds Dec and iShares iBonds Dec is -0.01 (i.e., Good diversification). The correlation of IShares IBonds 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 IBonds Correlation With Market
Significant diversification
The correlation between iShares iBonds Dec and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares iBonds Dec and DJI in the same portfolio, assuming nothing else is changed.
IShares |
Moving together with IShares Etf
| 0.78 | BSCQ | Invesco BulletShares 2026 | PairCorr |
| 0.78 | IBDR | iShares iBonds Dec | PairCorr |
| 0.88 | IBDS | iShares iBonds Dec | PairCorr |
Related Correlations Analysis
| 0.96 | -0.4 | 0.97 | -0.57 | IBTF | ||
| 0.96 | -0.61 | 0.99 | -0.75 | IBTE | ||
| -0.4 | -0.61 | -0.55 | 0.94 | IBTH | ||
| 0.97 | 0.99 | -0.55 | -0.7 | IBTD | ||
| -0.57 | -0.75 | 0.94 | -0.7 | IBTJ | ||
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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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IShares IBonds Constituents Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares IBonds 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 IBonds' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IBTF | 0.04 | 0.00 | (0.32) | 0.00 | 0.00 | 0.09 | 0.22 | |||
| IBTE | 0.03 | 0.01 | (0.33) | (1.29) | 0.00 | 0.08 | 0.13 | |||
| IBTH | 0.10 | (0.03) | 0.00 | (1.29) | 0.00 | 0.14 | 0.72 | |||
| IBTD | 0.03 | 0.01 | (0.35) | (1.90) | 0.00 | 0.08 | 0.12 | |||
| IBTJ | 0.17 | (0.05) | 0.00 | (25.70) | 0.00 | 0.28 | 1.06 |