Abrdn Focused Correlations

AFSC Etf

31.90 0.59 1.82%

The current 90-days correlation between abrdn Focused Small and DBX ETF Trust is 0.77 (i.e., Poor diversification). The correlation of Abrdn Focused is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Abrdn Focused Correlation With Market

Very poor diversification

The correlation between abrdn Focused Small and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding abrdn Focused Small and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Abrdn Etf

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in abrdn Focused Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Abrdn Etf

0.9	VB	Vanguard Small Cap	Pair Corr
0.93	IJR	iShares Core SP	Pair Corr
0.9	IWM	iShares Russell 2000	Pair Corr
0.9	VRTIX	Vanguard Russell 2000	Pair Corr
0.83	VTWO	Vanguard Russell 2000	Pair Corr
0.94	FNDA	Schwab Fundamental Small	Pair Corr
0.87	SPSM	SPDR Portfolio SP	Pair Corr
0.94	DFAS	Dimensional Small Cap	Pair Corr
0.94	VIOO	Vanguard SP Small	Pair Corr
0.93	PRFZ	Invesco FTSE RAFI	Pair Corr
0.82	GDXU	MicroSectors Gold Miners Trending	Pair Corr
0.67	MUU	Direxion Daily MU Trending	Pair Corr
0.67	MULL	GraniteShares 2x Long Trending	Pair Corr
0.78	AGQ	ProShares Ultra Silver Upward Rally	Pair Corr
0.85	JNUG	Direxion Daily Junior Trending	Pair Corr
0.84	NUGT	Direxion Daily Gold	Pair Corr
0.84	GDMN	WisdomTree Efficient Gold Low Volatility	Pair Corr
0.79	SHNY	Microsectors Gold	Pair Corr
0.86	SLVR	Sprott Silver Miners	Pair Corr
0.82	VEA	Vanguard FTSE Developed	Pair Corr
0.79	TPHD	Timothy Plan High	Pair Corr
0.81	MRK	Merck Company	Pair Corr
0.66	BA	Boeing Earnings Call This Week	Pair Corr
0.9	WMT	Walmart Common Stock Sell-off Trend	Pair Corr
0.64	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.61	INTC	Intel Earnings Call This Week	Pair Corr
0.82	AA	Alcoa Corp	Pair Corr

Moving against Abrdn Etf

0.66	MSFT	Microsoft Earnings Call This Week	Pair Corr
0.58	T	ATT Inc Earnings Call This Week	Pair Corr
0.55	HPQ	HP Inc	Pair Corr
0.45	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	DDIV	VAMO	ICAP	PPI	DYTA	FSYD	KEMX	EFAD	FEDM	QARP
DDIV		0.94	0.97	0.69	0.94	0.93	0.79	0.66	0.9	0.95	DDIV
VAMO	0.94		0.94	0.79	0.89	0.96	0.85	0.72	0.91	0.94	VAMO
ICAP	0.97	0.94		0.77	0.93	0.95	0.85	0.7	0.91	0.97	ICAP
PPI	0.69	0.79	0.77		0.72	0.83	0.93	0.79	0.84	0.79	PPI
DYTA	0.94	0.89	0.93	0.72		0.91	0.78	0.77	0.91	0.94	DYTA
FSYD	0.93	0.96	0.95	0.83	0.91		0.88	0.76	0.92	0.97	FSYD
KEMX	0.79	0.85	0.85	0.93	0.78	0.88		0.7	0.87	0.86	KEMX
EFAD	0.66	0.72	0.7	0.79	0.77	0.76	0.7		0.82	0.74	EFAD
FEDM	0.9	0.91	0.91	0.84	0.91	0.92	0.87	0.82		0.9	FEDM
QARP	0.95	0.94	0.97	0.79	0.94	0.97	0.86	0.74	0.9		QARP
	DDIV	VAMO	ICAP	PPI	DYTA	FSYD	KEMX	EFAD	FEDM	QARP

Please upgrade your account to get full access to Macroaxis premium features

Abrdn Focused Constituents Risk-Adjusted Indicators

There is a big difference between Abrdn Etf performing well and Abrdn Focused 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 Abrdn Focused'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
DDIV	0.69	0.04	0.04	0.11	0.79	(0.71)	1.42	(1.49)	4.32
VAMO	0.59	0.10	0.08	0.41	0.53	(0.68)	1.41	(1.18)	3.31
ICAP	0.64	0.05	0.04	0.13	0.75	(0.67)	1.30	(1.53)	3.34
PPI	0.83	0.03	0.02	0.10	1.01	(0.85)	1.54	(1.93)	4.23
DYTA	0.25	(0.01)	(0.12)	0.03	0.40	(0.28)	0.56	(0.38)	2.72
FSYD	0.15	0.01	(0.20)	0.14	0.00	(0.17)	0.42	(0.33)	1.07
KEMX	0.73	0.18	0.18	0.34	0.61	(0.84)	1.69	(1.43)	3.52
EFAD	0.47	(0.04)	(0.10)	0.00	0.65	(0.47)	0.80	(1.06)	3.11
FEDM	0.75	0.01	(0.01)	0.08	0.93	(0.76)	1.66	(1.51)	5.39
QARP	0.49	0.03	0.02	0.11	0.52	(0.54)	1.12	(0.95)	3.16

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC