JPMorgan International Correlations

JIG Etf

USD 64.29 1.12 1.77%

The current 90-days correlation between JPMorgan International and American Century ETF is 0.44 (i.e., Very weak diversification). The correlation of JPMorgan 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.

JPMorgan International Correlation With Market

Average diversification

The correlation between JPMorgan International Growth 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 JPMorgan International Growth 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 JPMorgan International Growth. 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 JPMorgan Etf

0.87	EFG	iShares MSCI EAFE Low Volatility	Pair Corr
0.82	VIGI	Vanguard International	Pair Corr
0.84	CGXU	Capital Group Intern	Pair Corr
0.86	DNL	WisdomTree Global	Pair Corr
0.82	IQDG	WisdomTree International	Pair Corr
0.68	PIZ	Invesco DWA Developed	Pair Corr
0.87	IDHQ	Invesco SP International	Pair Corr
0.85	BKCI	BNY Mellon ETF	Pair Corr
0.63	DUKH	Ocean Park High	Pair Corr
0.62	SMI	VanEck Vectors ETF	Pair Corr
0.72	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr

Moving against JPMorgan Etf

0.5	OBIL	US Treasury 12	Pair Corr
0.54	BIL	SPDR Bloomberg 1	Pair Corr
0.35	AXP	American Express Earnings Call Tomorrow	Pair Corr
0.32	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.31	BAC	Bank of America	Pair Corr
0.31	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	FLV	LRNZ	JQUA	JPMB	MFDX
FLV		0.41	0.38	0.84	0.75	FLV
LRNZ	0.41		0.94	0.43	0.11	LRNZ
JQUA	0.38	0.94		0.39	0.07	JQUA
JPMB	0.84	0.43	0.39		0.9	JPMB
MFDX	0.75	0.11	0.07	0.9		MFDX
	FLV	LRNZ	JQUA	JPMB	MFDX

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JPMorgan International Constituents Risk-Adjusted Indicators

There is a big difference between JPMorgan Etf performing well and JPMorgan 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 JPMorgan 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FLV	0.50	(0.02)	0.00	(0.19)	0.00	0.00	0.86	(0.88)	3.74
LRNZ	1.27	0.06	0.02	0.50	1.69	(1.24)	2.77	(2.56)	8.93
JQUA	0.55	0.04	0.02	0.43	0.83	(0.54)	1.13	(1.19)	5.07
JPMB	0.32	(0.05)	0.00	(0.42)	0.00	0.00	0.93	(0.79)	2.67
MFDX	0.54	(0.07)	0.00	(0.20)	0.00	0.00	1.15	(1.23)	4.03

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