ETF Opportunities Competition
| ACVF Etf | USD 47.47 -0.73 -1.51% |
ETF Opportunities and Goldman Sachs Correlation Details
Poor diversification
ETF Opportunities currently posts a 0.76 correlation with Goldman Sachs, indicating a Poor diversification relationship for the active sample. Lower overlap tends to improve diversification, while higher overlap means both positions carry similar risk.
Moving together with ETF Etf
| 0.8 | VTI | Vanguard Total Stock | PairCorr |
| 0.8 | SPY | SPDR SAMPP 500 | PairCorr |
| 0.8 | IVV | iShares Core SAMPP | PairCorr |
| 0.72 | VIG | Vanguard Dividend | PairCorr |
| 0.77 | VV | Vanguard Large Cap | PairCorr |
Moving against ETF Etf
| 0.76 | VXZ | iPath Series B Low Volatility | PairCorr |
| 0.62 | VXX | iPath Series B Low Volatility | PairCorr |
| 0.62 | VIXY | ProShares VIX Short Downward Rally | PairCorr |
| 0.61 | VIXM | ProShares VIX Mid Low Volatility | PairCorr |
Statistical evidence for mean reversion in ETF Opportunities' can be observed through its tendency to revert after extreme valuations. Investors who believe in mean reversion view ETF Opportunities' price extremes as temporary dislocations that may self-correct.
ETF Opportunities Competition Correlation Matrix
Studying peer correlation around ETF Opportunities Trust gives investors a cleaner read on how much independent price behavior still exists across the competitive set. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.
High positive correlations
| High negative correlations
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ETF Opportunities Constituents Risk-Adjusted Indicators
Headline performance for ETF Etf may not fully reflect how the business compares across its competitive set. Reviewing ETF Opportunities' risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHGX | 0.73 | 0.06 | 0.07 | 0.00 | 0.91 | 1.36 | 4.28 | |||
| BNOV | 0.42 | -0.07 | 0.00 | 0.31 | 0.00 | 0.63 | 2.81 | |||
| HTUS | 0.55 | -0.08 | 0.00 | 0.31 | 0.00 | 0.89 | 3.36 | |||
| VEGN | 0.85 | -0.09 | 0.00 | 0.17 | 0.00 | 1.45 | 5.42 | |||
| EALT | 0.48 | 0.00 | 0.00 | -0.07 | 0.00 | 0.72 | 2.68 | |||
| BAMG | 0.69 | -0.05 | 0.00 | -0.13 | 0.00 | 1.18 | 4.11 | |||
| XHE | 0.97 | -0.21 | 0.00 | 0.95 | 0.00 | 1.75 | 5.90 | |||
| PSTP | 0.38 | 0.00 | 0.00 | -0.06 | 0.00 | 0.71 | 2.34 | |||
| LEXI | 0.60 | 0.05 | 0.07 | -0.01 | 0.85 | 0.98 | 3.62 | |||
| GSC | 0.90 | -0.07 | 0.00 | 0.37 | 0.00 | 1.78 | 6.24 |
ETF Opportunities Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
ETF Opportunities Competition Peer Performance Charts
How to Analyze ETF Opportunities Against Peers
ETF Opportunities' peer analysis compares ETF Opportunities with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether ETF Opportunities trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where ETF Opportunities leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
ETF Opportunities trades at a lower forward P/E than peers despite similar earnings growth, which may reflect differences in perceived risk or growth durability. Peer analysis may also reveal when current market leaders are beginning to converge back toward group averages.
For ETF Opportunities Trust, this section uses fund disclosures and market reference feeds and standardizes the results for cross-period comparison. Intraday timing differences may exist.