IShares Core Correlations
| CHCORP Etf | CHF 96.69 -0.09 -0.09% |
Current 90-days correlation between iShares Core CHF and iShares SAMPP 500 is 0.26 (i.e., Modest diversification).The correlation of IShares Core is a statistical measure of how it moves in relation to other instruments. The correlation coefficient ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5.
IShares Core vs Market Correlation
Very weak diversification
Across the chosen horizon, CHCORP and DJI show a correlation of 0.5 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
IShares |
Correlation analysis helps compare IShares Core with similar exposures for allocation context. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.
Moving together with IShares Etf
| 0.71 | CSBGC7 | iShares Swiss Domestic | PairCorr |
| 0.81 | IJPE | iShares MSCI Japan | PairCorr |
| 0.73 | SEMI | iShares MSCI Global | PairCorr |
| 0.8 | HSEM | HSBC Emerging Market | PairCorr |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
IShares Core Constituents Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares Core 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 IShares Core'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IBGS | 0.16 | -0.05 | 0.00 | 10.67 | 0.00 | 0.24 | 1.61 | |||
| GCVC | 0.64 | 0.07 | 0.13 | 0.75 | 0.74 | 1.84 | 4.28 | |||
| X03H | 0.21 | -0.03 | 0.00 | 1.74 | 0.00 | 0.42 | 2.22 | |||
| XSMC | 0.53 | 0.00 | 0.04 | -0.05 | 0.93 | 0.90 | 5.01 | |||
| AUCHAH | 1.43 | 0.27 | 0.14 | 1.02 | 1.94 | 2.74 | 10.28 | |||
| DHYC | 0.14 | -0.03 | 0.00 | -0.53 | 0.00 | 0.20 | 1.80 | |||
| FWRA | 0.62 | -0.03 | 0.00 | -0.37 | 0.00 | 1.21 | 3.73 | |||
| CSSMI | 0.53 | 0.01 | 0.05 | 0.01 | 0.84 | 0.97 | 4.66 | |||
| IWDC | 0.54 | -0.03 | 0.00 | -0.18 | 0.00 | 0.97 | 3.27 | |||
| IUSC | 0.54 | -0.06 | 0.00 | -0.28 | 0.00 | 1.07 | 2.61 |
Be your own money manager
Optimization tools can help investors judge whether capital allocated to iShares Core CHF is being used efficiently relative to other opportunities in the same equity universe. This is most useful when investors want to improve risk-adjusted return instead of simply owning more ideas at once.
Did you try this?
Run Price Transformation Now
Price TransformationUse Price Transformation models to analyze the depth of different equity instruments across global markets |
| All Next | Launch Module |