SPDR MSCI Competition
| SMCX Etf | CHF 324.95 -2.80 -0.85% |
Pair Correlation for SPDR MSCI and UBS Fund Details
Average diversification
The correlation between SMCX and DCCHAS is 0.11, which Macroaxis classifies as Average diversification for the selected horizon. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
Moving together with SPDR Etf
Moving against SPDR Etf
The mean reversion tendency in SPDR MSCI's price is a well-documented phenomenon that disciplined investors can exploit by identifying when price has diverged substantially from fundamental and historical anchors.
SPDR MSCI Competition Correlation Matrix
Correlation analysis between SPDR MSCI Europe 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.
| 0.77 | 0.83 | 0.85 | 0.63 | TDIV | ||
| 0.77 | 0.82 | 0.87 | 0.73 | ESGO | ||
| 0.83 | 0.82 | 0.93 | 0.52 | HSEM | ||
| 0.85 | 0.87 | 0.93 | 0.7 | SEMI | ||
| 0.63 | 0.73 | 0.52 | 0.7 | DCCHAS | ||
SPDR MSCI Constituents Risk-Adjusted Indicators
There is a big difference between SPDR Etf performing well and SPDR MSCI 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 SPDR MSCI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TDIV | 0.49 | 0.11 | 0.21 | -11.07 | 0.55 | 1.25 | 3.86 | |||
| ESGO | 2.56 | 0.40 | 0.11 | 0.74 | 3.45 | 5.27 | 16.90 | |||
| HSEM | 0.60 | 0.09 | 0.10 | 0.36 | 0.78 | 1.49 | 7.31 | |||
| SEMI | 1.60 | 0.25 | 0.16 | 0.91 | 1.66 | 3.75 | 10.71 | |||
| DCCHAS | 0.99 | 0.27 | 0.24 | -0.74 | 1.14 | 2.10 | 6.29 |
SPDR MSCI Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
Peer Performance Charts
How to Analyze SPDR MSCI Against Peers
SPDR MSCI's peer analysis compares SPDR MSCI 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 SPDR MSCI 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 SPDR MSCI leads or lags and what catalysts could close or widen the gap.