Amplify ETF Correlations
| IVESDelisted Etf | USD 49.29 0.08 0.16% |
The current 90-days correlation between Amplify ETF Trust and WisdomTree Cloud Computing is -0.1 (i.e., Good diversification). The correlation of Amplify ETF 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.
Amplify ETF Correlation With Market
Average diversification
The correlation between Amplify ETF Trust and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amplify ETF Trust and DJI in the same portfolio, assuming nothing else is changed.
Amplify |
Moving together with Amplify Etf
| 0.7 | FDN | First Trust Dow | PairCorr |
| 0.68 | IGM | iShares Expanded Tech | PairCorr |
| 0.75 | DSJA | DSJA | PairCorr |
| 0.77 | RSPY | Tuttle Capital Management | PairCorr |
| 0.8 | MEME | Roundhill Investments | PairCorr |
| 0.74 | ARKQ | ARK Autonomous Technology Low Volatility | PairCorr |
| 0.66 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.61 | WMT | Walmart Aggressive Push | PairCorr |
Moving against Amplify Etf
| 0.72 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.72 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.68 | HPQ | HP Inc | PairCorr |
| 0.63 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.61 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.58 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.52 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.52 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.45 | AA | Alcoa Corp Earnings Call This Week | PairCorr |
| 0.43 | PFE | Pfizer Inc Aggressive Push | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Amplify ETF Constituents Risk-Adjusted Indicators
There is a big difference between Amplify Etf performing well and Amplify ETF 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 Amplify ETF'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WCLD | 1.27 | 0.29 | 0.18 | 0.88 | 1.31 | 2.69 | 9.74 | |||
| CLOU | 1.07 | 0.27 | 0.20 | 0.72 | 1.05 | 2.43 | 8.82 | |||
| LRNZ | 1.32 | 0.12 | 0.06 | 0.30 | 1.70 | 2.79 | 8.93 | |||
| LOUP | 1.37 | 0.28 | 0.15 | 0.53 | 1.59 | 3.03 | 8.90 | |||
| GERM | 1.14 | (0.03) | 0.00 | 0.13 | 0.00 | 2.59 | 6.76 |
Delisting Warning - IVES
Amplify ETF Trust was delisted
| The entity Amplify ETF Trust with a symbol IVES was delisted from NYSE ARCA Exchange. Please try AIVC with a symbol AIVC from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Amplify ETF Trust?
Investing in delisted delisted etfs can be risky, as the etf is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.