BetaPro SAMPP Correlations

HEU Etf

CAD 53.29 2.59 5.11%

The current 90-days correlation between BetaPro SAMPP TSX and BetaPro Gold Bullion is 0.29 (i.e., Modest diversification).For tax-loss harvesting strategies, investors look for assets with high correlation to BetaPro SAMPP so that positions can be swapped without meaningfully altering portfolio exposure.

The correlation view summarizes how BetaPro SAMPP aligns with comparable exposures. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.

Moving together with BetaPro Etf

0.69	HGU	BetaPro Canadian Gold	Pair Corr
0.82	HOU	BetaPro Crude Oil	Pair Corr
0.71	HXU	BetaPro SAMPP TSX	Pair Corr
0.68	HFP	Global X Active	Pair Corr
0.8	XHU	iShares High Dividend	Pair Corr

Moving against BetaPro Etf

0.93	HOD	BetaPro Crude Oil	Pair Corr
0.76	HXD	BetaPro SAMPPTSX	Pair Corr
0.74	QQC	Invesco NASDAQ 100	Pair Corr
0.69	HQU	BetaPro NASDAQ 100	Pair Corr
0.67	XQQ	iShares NASDAQ 100	Pair Corr
0.45	HSU	BetaPro SAMPP 500	Pair Corr
0.33	HNU	BetaPro Natural Gas	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		-0.01	-0.03	0.0	0.1	-0.05	-0.02	0.13	-0.08	0.05	META
MSFT	-0.01		0.85	-0.07	-0.91	0.83	0.97	0.56	-0.92	-0.95	MSFT
UBER	-0.03	0.85		-0.03	-0.85	0.84	0.83	0.44	-0.81	-0.83	UBER
F	0.0	-0.07	-0.03		-0.06	0.32	-0.09	0.35	0.21	0.01	F
T	0.1	-0.91	-0.85	-0.06		-0.86	-0.86	-0.48	0.83	0.87	T
A	-0.05	0.83	0.84	0.32	-0.86		0.81	0.71	-0.71	-0.85	A
CRM	-0.02	0.97	0.83	-0.09	-0.86	0.81		0.62	-0.89	-0.97	CRM
JPM	0.13	0.56	0.44	0.35	-0.48	0.71	0.62		-0.38	-0.62	JPM
MRK	-0.08	-0.92	-0.81	0.21	0.83	-0.71	-0.89	-0.38		0.91	MRK
XOM	0.05	-0.95	-0.83	0.01	0.87	-0.85	-0.97	-0.62	0.91		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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

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

CRM	+ 0.97	MSFT
XOM	+ 0.91	MRK
XOM	+ 0.87	T
UBER	+ 0.85	MSFT
A	+ 0.84	UBER
A	+ 0.83	MSFT

High negative correlations

XOM	- 0.97	CRM
XOM	- 0.95	MSFT
MRK	- 0.92	MSFT
T	- 0.91	MSFT
MRK	- 0.89	CRM
CRM	- 0.86	T

BetaPro SAMPP Competition Risk-Adjusted Indicators

There is a big difference between BetaPro Etf performing well and BetaPro SAMPP 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 BetaPro SAMPP'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	1.42	-0.03	0.00	-0.09	0.00	0.00	2.30	-2.81	13.69
MSFT	1.28	-0.25	0.00	-0.77	0.00	0.00	2.19	-2.87	13.28
UBER	1.58	-0.31	0.00	-0.96	0.00	0.00	2.70	-3.82	11.09
F	1.34	-0.04	0.00	-0.09	0.00	0.00	3.61	-2.64	10.01
T	1.13	0.13	0.14	-0.58	1.21	-1.28	3.87	-1.92	8.53
A	1.29	-0.34	0.00	-0.37	0.00	0.00	2.48	-3.01	7.20
CRM	1.74	-0.36	0.00	-0.66	0.00	0.00	3.41	-4.75	9.78
JPM	1.24	-0.08	0.00	-0.10	0.00	0.00	2.34	-3.11	8.17
MRK	1.18	0.27	0.19	0.49	1.27	-1.29	2.54	-2.06	7.29
XOM	1.34	0.43	0.32	14.65	1.12	-1.57	2.90	-2.44	6.83

Be your own money manager

Optimization tools can help investors judge whether capital allocated to BetaPro SAMPP TSX 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 Correlation Analysis Now

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated

All Next

Launch Module

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