Hamilton Enhanced Correlations

HUTS Etf

15.75 0.10 0.64%

The current 90-days correlation between Hamilton Enhanced and Global X Uranium is -0.16 (i.e., Good diversification).The rolling correlation of Hamilton Enhanced with major benchmarks helps investors assess how its diversification benefit changes during periods of stress versus calm markets.

Market Correlation for Hamilton Enhanced

Good diversification

For the present investment horizon, the measured correlation between HUTS and DJI stands at -0.1, or Good diversification. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

Correlation context here can be used to compare Hamilton Enhanced with related instruments. Wash sale restrictions can apply to substantially identical replacements in some markets; this is general context only.

Moving together with Hamilton Etf

0.77	HCAL	Hamilton Enhanced	Pair Corr
0.75	HAC	Global X Seasonal	Pair Corr
0.65	HGU	BetaPro Canadian Gold	Pair Corr
0.75	ZGD	BMO Equal Weight	Pair Corr
0.77	HBU	BetaPro Gold Bullion	Pair Corr
0.77	ZJG	BMO Junior Gold	Pair Corr
0.73	HGGG	Harvest Global Gold	Pair Corr
0.7	ONEQ	CI ONE Global	Pair Corr
0.77	XMD	iShares SAMPPTSX	Pair Corr

Moving against Hamilton Etf

0.46

CMAG

CI Munro Alternative

Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.03	-0.03	0.15	0.06	0.03	0.0	0.21	-0.07	0.0	META
MSFT	0.03		0.84	0.06	-0.92	0.83	0.97	0.59	-0.91	-0.95	MSFT
UBER	-0.03	0.84		0.08	-0.87	0.83	0.81	0.43	-0.81	-0.81	UBER
F	0.15	0.06	0.08		-0.15	0.47	0.02	0.47	0.11	-0.15	F
T	0.06	-0.92	-0.87	-0.15		-0.86	-0.86	-0.5	0.84	0.88	T
A	0.03	0.83	0.83	0.47	-0.86		0.8	0.75	-0.68	-0.85	A
CRM	0.0	0.97	0.81	0.02	-0.86	0.8		0.63	-0.89	-0.96	CRM
JPM	0.21	0.59	0.43	0.47	-0.5	0.75	0.63		-0.39	-0.66	JPM
MRK	-0.07	-0.91	-0.81	0.11	0.84	-0.68	-0.89	-0.39		0.89	MRK
XOM	0.0	-0.95	-0.81	-0.15	0.88	-0.85	-0.96	-0.66	0.89		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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	+ 0.89	MRK
XOM	+ 0.88	T
UBER	+ 0.84	MSFT
MRK	+ 0.84	T
A	+ 0.83	MSFT

High negative correlations

XOM	- 0.96	CRM
XOM	- 0.95	MSFT
T	- 0.92	MSFT
MRK	- 0.91	MSFT
MRK	- 0.89	CRM
T	- 0.87	UBER

Hamilton Enhanced Competition Risk-Adjusted Indicators

Strong stock returns do not always mean Hamilton Enhanced ETF is outperforming its peers on a fundamental level. A thorough review of Hamilton Enhanced'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
META	1.48	-0.03	0.00	-0.06	0.00	0.00	2.33	-2.82	14.24
MSFT	1.29	-0.29	0.00	-0.75	0.00	0.00	2.19	-2.87	13.28
UBER	1.56	-0.35	0.00	0.73	0.00	0.00	2.70	-3.82	11.09
F	1.37	-0.11	0.00	-0.12	0.00	0.00	3.61	-3.07	10.01
T	1.10	0.20	0.17	-0.74	1.10	-1.24	3.87	-1.92	8.53
A	1.26	-0.31	0.00	-0.33	0.00	0.00	2.48	-3.01	7.20
CRM	1.82	-0.37	0.00	-0.59	0.00	0.00	3.41	-4.75	9.78
JPM	1.19	-0.02	0.00	-0.04	0.00	0.00	2.34	-2.63	8.17
MRK	1.14	0.30	0.22	0.62	1.21	-1.27	2.54	-1.98	7.29
XOM	1.33	0.45	0.30	14.43	1.14	-1.54	2.90	-2.44	6.83

Be your own money manager

Serious investors usually evaluate Hamilton Enhanced Utilities in portfolio context because a good security can still be a weak addition if it increases concentration or unnecessary volatility. Used correctly, optimization turns position sizing and rebalancing into measurable decisions rather than guesswork.

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