BMO Money Competition
| ZMMK Etf | 49.85 0.02 0.04% |
BMO Money and BMO Short Correlation Snapshot
Almost no diversification
The correlation between ZMMK and ZCS is 0.92, which Macroaxis classifies as Almost no diversification 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 BMO Etf
| 1.0 | PSA | Purpose High Interest | PairCorr |
| 0.89 | HSAV | Global X Cash | PairCorr |
| 0.98 | CMR | iShares Premium Money | PairCorr |
| 0.99 | CSAV | CI High Interest | PairCorr |
| 0.85 | XIU | iShares SAMPPTSX | PairCorr |
Moving against BMO Etf
Investors who believe in mean reversion view BMO Money's price extremes not as permanent states but as temporary dislocations that create opportunities for disciplined, contrarian capital allocation.
BMO Money Competition Correlation Matrix
Correlation analysis between BMO Money Market 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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BMO Money Competition Risk-Adjusted Indicators
There is a big difference between BMO Etf performing well and BMO Money 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 BMO Money'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.46 | 0.06 | 0.03 | 0.06 | 1.66 | 2.38 | 13.69 | |||
| MSFT | 1.29 | -0.23 | 0.00 | -0.67 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.50 | -0.33 | 0.00 | -1.00 | 0.00 | 2.46 | 11.09 | |||
| F | 1.34 | -0.06 | 0.00 | -0.07 | 0.00 | 3.61 | 10.01 | |||
| T | 1.10 | 0.15 | 0.12 | -0.58 | 1.14 | 3.87 | 8.53 | |||
| A | 1.27 | -0.37 | 0.00 | -0.37 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.83 | -0.27 | 0.00 | -0.37 | 0.00 | 4.03 | 12.37 | |||
| JPM | 1.24 | -0.09 | 0.00 | -0.07 | 0.00 | 2.34 | 8.17 | |||
| MRK | 1.20 | 0.23 | 0.15 | 0.45 | 1.31 | 2.54 | 7.29 | |||
| XOM | 1.32 | 0.36 | 0.25 | 3.95 | 1.16 | 2.90 | 6.83 |
BMO Money Competitive Analysis
Investors tracking BMO Money should compare BMO Money's financial results to its peer group to contextualize performance. A company that consistently outperforms BMO Money's competitors on margin and growth metrics is typically a stronger long-term hold.| Better Than Average | Worse Than Peers | View Performance Chart |
BMO Money Peer Performance Charts
How to Analyze BMO Money Against Peers
BMO Money's peer analysis compares BMO Money 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 BMO Money 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 BMO Money leads or lags and what catalysts could close or widen the gap.