BMO Short Competition
| ZPS Etf | CAD 12.32 -0.07 -0.56% |
Correlation: BMO Short vs TD Active View
Poor diversification
The correlation between ZPS and TPRF is 0.69, which Macroaxis classifies as Poor diversification for the selected horizon. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Moving together with BMO Etf
Mean reversion in BMO Short is more reliable over longer time horizons. Short-term deviations can persist and even widen before correcting, making position sizing and risk management critical.
BMO Short Competition Correlation Matrix
Reviewing how BMO Short Provincial 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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BMO Short Constituents Risk-Adjusted Indicators
There is a big difference between BMO Etf performing well and BMO Short ETF doing well as a business compared to the competition. A thorough review of BMO Short'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ZPL | 0.39 | -0.01 | 0.00 | -0.13 | 0.00 | 0.76 | 1.93 | |||
| ZFS | 0.08 | -0.01 | 0.00 | -0.33 | 0.00 | 0.14 | 0.50 | |||
| TCSB | 0.09 | -0.01 | 0.00 | -0.25 | 0.00 | 0.14 | 0.47 | |||
| TUHY | 0.21 | -0.02 | 0.00 | -0.21 | 0.00 | 0.44 | 1.42 | |||
| XMH | 0.76 | 0.06 | 0.00 | -0.04 | 0.00 | 1.34 | 5.83 | |||
| EGIF | 0.23 | 0.12 | 0.00 | 1.62 | 0.00 | 0.26 | 6.40 | |||
| ZUB | 1.07 | -0.02 | 0.00 | -0.12 | 0.00 | 1.99 | 7.44 | |||
| FLSD | 0.09 | 0.00 | 0.68 | -0.10 | 0.05 | 0.21 | 0.52 | |||
| TPRF | 0.15 | 0.02 | 0.47 | 0.40 | 0.09 | 0.32 | 0.96 |
BMO Short Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
BMO Short Competition Peer Performance Charts
How to Analyze BMO Short Against Peers
BMO Short's peer analysis compares BMO Short 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 Short 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 Short leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
The competitor view for BMO Short covers valuation, profitability, leverage, and growth rate side-by-side across the peer group. Short interest comparison for BMO Short and its peers can highlight which companies attract the most skepticism from market participants. Market-cap-weighted peers and direct business competitors for BMO Short are not always the same companies in practice. The peer set can help frame whether recent outperformance is broad-based or company-specific.
The analytics block for BMO Short Provincial relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor.