IShares III Competition
| IEGA Etf | EUR 108.99 0.28 0.26% |
Pair Correlation for IShares III and IShares Dow View
Poor diversification
For the present investment horizon, the measured correlation between IEGA and IGSG stands at 0.76, or Poor diversification. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
Moving together with IShares Etf
Mean reversion in IShares III 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 III Competition Correlation Matrix
Reviewing how iShares III Public moves relative to competing etfs can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. 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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IShares III Constituents Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares III ETF doing well as a business compared to the competition. A thorough review of IShares III's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EXCD | 1.00 | 0.17 | 0.12 | 0.31 | 1.44 | 1.95 | 8.33 | |||
| IEGZ | 0.24 | -0.01 | 0.00 | -0.19 | 0.00 | 0.48 | 1.64 | |||
| EMIM | 0.77 | 0.11 | 0.14 | 0.38 | 0.98 | 1.61 | 6.29 | |||
| IFRB | 0.18 | -0.01 | 0.11 | -0.12 | 0.30 | 0.36 | 1.11 | |||
| ISFA | 0.57 | 0.11 | 0.17 | 4.52 | 0.69 | 1.25 | 4.44 | |||
| STEC | 1.21 | 0.01 | 0.03 | 0.42 | 1.64 | 2.83 | 8.31 | |||
| SUOU | 0.17 | -0.02 | 0.00 | -0.41 | 0.00 | 0.46 | 1.61 | |||
| MPAB | 0.67 | 0.00 | 0.04 | -0.04 | 0.92 | 1.29 | 5.21 | |||
| IGSG | 0.51 | 0.01 | 0.07 | 0.05 | 0.68 | 1.07 | 3.34 |
IShares III Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
IShares III Competition Peer Performance Charts
How to Analyze IShares III Against Peers
IShares III's peer analysis compares IShares III 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 III 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 III leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Liquidity and float comparison across IShares III peers frames which names in the competitive set are more or less accessible for institutional-scale positioning. The peer set can help frame whether recent outperformance is broad-based or company-specific.
The analytics block for iShares III Public relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor.