FlexShares Morningstar Competition
| TILT Etf | USD 238.77 -3.73 -1.54% |
FlexShares Morningstar vs WisdomTree Trust Correlation View
Very weak diversification
For the present investment horizon, the measured correlation between TILT and QGRW stands at 0.53, or Very weak diversification. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
Moving together with FlexShares Etf
| 0.95 | VTI | Vanguard Total Stock | PairCorr |
| 0.93 | SPY | SPDR SAMPP 500 | PairCorr |
| 0.93 | IVV | iShares Core SAMPP | PairCorr |
| 0.93 | VIG | Vanguard Dividend | PairCorr |
| 0.88 | VV | Vanguard Large Cap | PairCorr |
Moving against FlexShares Etf
The mean reversion effect in FlexShares Morningstar is stronger when the initial deviation was driven by sentiment rather than fundamental change. Identifying the root cause of FlexShares Morningstar's price dislocation is essential before acting.
FlexShares Morningstar Competition Correlation Matrix
Correlation analysis between FlexShares Morningstar Market and its competitors provides context for understanding whether diversification is real or only superficial inside the same peer group. 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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FlexShares Morningstar Constituents Risk-Adjusted Indicators
FlexShares Morningstar ETF may look attractive on headline returns alone, but deeper analysis often tells a different story. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze FlexShares Morningstar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QDF | 0.57 | 0.02 | 0.00 | -0.07 | 0.00 | 0.82 | 4.20 | |||
| DES | 0.77 | 0.12 | 0.11 | 0.02 | 1.00 | 1.56 | 5.63 | |||
| NULV | 0.54 | 0.06 | 0.00 | -0.02 | 0.00 | 1.05 | 3.01 | |||
| PFFA | 0.34 | -0.03 | 0.00 | -0.18 | 0.00 | 0.80 | 1.96 | |||
| HEDJ | 0.71 | 0.00 | 0.00 | -0.10 | 0.00 | 1.17 | 4.74 | |||
| FXR | 0.93 | 0.11 | 0.00 | -0.02 | 0.00 | 1.99 | 5.87 | |||
| FIW | 0.78 | -0.03 | 0.00 | -0.13 | 0.00 | 1.41 | 4.35 | |||
| EPP | 0.81 | 0.13 | 0.12 | 0.07 | 1.13 | 1.35 | 4.53 | |||
| DIVI | 0.75 | 0.08 | 0.07 | -0.01 | 1.26 | 1.26 | 5.12 | |||
| QGRW | 0.90 | 0.00 | 0.00 | -0.10 | 0.00 | 1.59 | 4.57 |
FlexShares Morningstar Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
FlexShares Morningstar Competition Peer Performance Charts
How to Analyze FlexShares Morningstar Against Peers
FlexShares Morningstar's peer analysis compares FlexShares Morningstar 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 FlexShares Morningstar 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 FlexShares Morningstar leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Peer analysis for FlexShares Morningstar uses the most recent available fundamentals rather than static annual comparisons, improving relevance as conditions evolve. The four dimensions that most reliably separate industry leaders from laggards are valuation, profitability, leverage, and growth rate for FlexShares Morningstar. Correlation data across FlexShares Morningstar's peer group reveals both financial similarity and market co-movement patterns. This overview is based on available data and does not express a directional view. Comparative analysis works best when peers share business drivers, cycle exposure, and capital structure characteristics.
Unless otherwise specified, data for FlexShares Morningstar Market is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.