SPDR SAMPP Correlations

KIE Etf

USD 54.36 -0.73 -1.33%

The current 90-days correlation between SPDR SAMPP Insurance and SPDR SAMPP North is 0.05 (i.e., Significant diversification).The correlation coefficient for SPDR SAMPP ranges from -1 to +1. Values above 0.8 suggest strong positive correlation - both assets move together - while values below -0.5 suggest a useful diversification pairing.

Market Correlation - SPDR SAMPP

Very weak diversification

For the present investment horizon, the measured correlation between KIE and DJI stands at 0.4, or Very weak diversification. Used correctly, the chart supports evaluation of whether adding the second position genuinely diversifies the first.

Build portfolio with SPDR Etf

SPDR SAMPP has ROE of -44.23%. Portfolio-level context is available through Correlation Analysis. The view reflects the current state of portfolio allocation. The allocation includes a position in SPDR SAMPP Insurance. The position falls within the allocation view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with SPDR Etf

0.92	XLF	Financial Select Sector	Pair Corr
0.91	VFH	Vanguard Financials Index	Pair Corr
0.88	IYF	iShares Financials ETF	Pair Corr
0.87	FNCL	Fidelity MSCI Financials	Pair Corr
0.89	IYG	iShares Financial	Pair Corr
0.82	FXO	First Trust Financials	Pair Corr
0.71	IXG	iShares Global Financials	Pair Corr
0.62	UPRO	ProShares UltraPro	Pair Corr
0.86	BAC	Bank of America	Pair Corr
0.86	JPM	JPMorgan Chase	Pair Corr
0.79	HPQ	HP Inc	Pair Corr

Moving against SPDR Etf

0.86	QTAP	Innovator Growth 100	Pair Corr
0.83	XTAP	Innovator Equity	Pair Corr
0.74	BLUI	Exchange Traded Concepts	Pair Corr
0.71	KGLD	Kurv Gold Enhanced Downward Rally	Pair Corr
0.89	CVX	Chevron Corp	Pair Corr
0.78	JNJ	Johnson Johnson	Pair Corr
0.76	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.74	VZ	Verizon Communications	Pair Corr
0.63	WMT	Walmart Common Stock	Pair Corr
0.63	MRK	Merck Company	Pair Corr
0.58	INTC	Intel Aggressive Push	Pair Corr
0.55	DD	Dupont De Nemours	Pair Corr
0.51	MCD	McDonalds	Pair Corr
0.4	TRV	The Travelers Companies	Pair Corr

Related Correlations Analysis

	EWX	SPEU	EWI	IAK	IYT	EWS	EMCS	TPYP	GWX	NANR
EWX		0.95	0.71	-0.21	0.71	0.84	0.95	0.46	0.9	0.76	EWX
SPEU	0.95		0.83	0.02	0.83	0.8	0.9	0.37	0.88	0.66	SPEU
EWI	0.71	0.83		0.25	0.77	0.76	0.6	-0.01	0.57	0.3	EWI
IAK	-0.21	0.02	0.25		0.29	-0.15	-0.19	-0.21	-0.12	-0.33	IAK
IYT	0.71	0.83	0.77	0.29		0.62	0.72	0.33	0.72	0.55	IYT
EWS	0.84	0.8	0.76	-0.15	0.62		0.75	0.23	0.68	0.52	EWS
EMCS	0.95	0.9	0.6	-0.19	0.72	0.75		0.69	0.97	0.89	EMCS
TPYP	0.46	0.37	-0.01	-0.21	0.33	0.23	0.69		0.74	0.89	TPYP
GWX	0.9	0.88	0.57	-0.12	0.72	0.68	0.97	0.74		0.91	GWX
NANR	0.76	0.66	0.3	-0.33	0.55	0.52	0.89	0.89	0.91		NANR
	EWX	SPEU	EWI	IAK	IYT	EWS	EMCS	TPYP	GWX	NANR

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

GWX	+ 0.97	EMCS
SPEU	+ 0.95	EWX
EMCS	+ 0.95	EWX
NANR	+ 0.91	GWX
GWX	+ 0.9	EWX
EMCS	+ 0.9	SPEU

High negative correlations

NANR	- 0.33	IAK
TPYP	- 0.21	IAK
IAK	- 0.21	EWX
EMCS	- 0.19	IAK
EWS	- 0.15	IAK
GWX	- 0.12	IAK

SPDR SAMPP Constituents Risk-Adjusted Indicators

There is a big difference between SPDR Etf performing well and SPDR SAMPP ETF doing well as a business compared to the competition. Risk-adjusted metrics allow investors to compare SPDR SAMPP's efficiency and downside exposure against peers in a more meaningful way. 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
EWX	0.68	0.02	0.10	-0.22	1.08	-0.57	1.24	-1.46	5.06
SPEU	0.73	-0.03	0.07	0.04	1.12	-0.65	1.16	-1.86	5.02
EWI	0.90	0.05	0.00	-0.02	0.00	0.00	1.53	-2.09	6.05
IAK	0.68	-0.06	0.00	-0.25	0.00	0.00	1.22	-1.43	3.99
IYT	1.02	0.07	0.00	-0.03	0.00	0.00	2.21	-2.90	6.35
EWS	0.76	0.11	0.15	0.10	0.83	-0.87	1.72	-1.49	4.60
EMCS	1.11	0.12	0.12	-3.09	1.56	-1.09	2.55	-2.25	8.58
TPYP	0.60	0.27	0.47	24.95	0.31	-0.72	1.33	-0.76	3.04
GWX	0.74	0.07	0.13	-0.90	1.12	-0.68	1.62	-1.44	5.24
NANR	1.13	0.31	0.19	0.33	1.45	-1.16	2.14	-3.04	6.77

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC