IShares Core Competition
| CHSPI Etf | CHF 156.26 -1.96 -1.24% |
Pair Correlation for IShares Core and Xtrackers Switzerland Overview
No risk reduction
The correlation between CHSPI and XSMC is 0.99, which Macroaxis classifies as No risk reduction for the selected horizon. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
Moving together with IShares Etf
| 0.99 | CSSMI | iShares SMI ETF | PairCorr |
| 0.99 | SMICHA | UBS ETF SMI | PairCorr |
| 0.99 | XSMI | Xtrackers Switzerland | PairCorr |
| 0.99 | XSMC | Xtrackers Switzerland | PairCorr |
Moving against IShares Etf
Mean reversion in IShares Core's is more reliable over longer time horizons. Short-term deviations can persist and even widen before correcting, making position sizing and risk management critical.
IShares Core Competition Correlation Matrix
Correlation analysis between iShares Core SPI and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
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IShares Core Constituents Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares Core 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 Core'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHDVD | 0.52 | 0.02 | 0.02 | 0.11 | 0.71 | 1.13 | 5.12 | |||
| WRDUSW | 0.65 | -0.04 | 0.00 | -0.37 | 0.00 | 1.37 | 3.69 | |||
| XMCJ | 0.95 | 0.10 | 0.08 | 0.39 | 1.16 | 2.39 | 7.25 | |||
| CORC | 0.18 | -0.02 | 0.00 | -1.66 | 0.00 | 0.42 | 1.06 | |||
| VECP | 0.19 | -0.06 | 0.00 | 2.86 | 0.00 | 0.36 | 0.94 | |||
| SHIR | 0.15 | -0.02 | 0.00 | -11.89 | 0.00 | 0.23 | 1.16 | |||
| SMICHA | 0.50 | 0.03 | 0.03 | 0.14 | 0.78 | 0.93 | 4.67 | |||
| CSSMI | 0.49 | 0.02 | 0.03 | 0.15 | 0.80 | 0.91 | 4.65 | |||
| XSMC | 0.49 | 0.03 | 0.03 | 0.15 | 0.88 | 0.89 | 5.01 |
IShares Core Competitive Analysis
Competitive analysis of IShares Core helps investors understand the drivers behind IShares Core's financial results. Benchmarking IShares Core's performance against peers helps reveal whether its growth and profitability are sustainable.| Better Than Average | Worse Than Peers | View Performance Chart |
IShares Core Peer Performance Charts
How to Analyze IShares Core Against Peers
IShares Core's peer analysis compares IShares Core 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 IShares Core 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 IShares Core leads or lags and what catalysts could close or widen the gap.