DeFiance Daily Correlations

SMCZ Etf

42.98 -8.23 -16.07%

Current 90-days correlation between DeFiance Daily Target and WHITEWOLF Publicly Listed is -0.35 (i.e., Strong inverse diversification).Investors use its correlation structure to evaluate hedging opportunities and diversification potential.

Market Correlation - DeFiance Daily

Excellent diversification

DeFiance Daily currently posts a -0.02 correlation with Dow Jones, indicating a Excellent diversification relationship for the active sample. This chart helps evaluate whether adding Dow Jones genuinely reduces risk relative to holding DeFiance Daily alone.

Build portfolio with DeFiance Etf

Use World Market Map to explore diversified allocation structure. The construction of a diversified portfolio involves managing position exposure. Defiance Daily Target can be evaluated within a portfolio framework for weight and risk impact. This information is provided for contextual purposes. Broader economic conditions can influence Defiance Daily Target's etf valuation — related indicators include signals in discontinued.

Moving together with DeFiance Etf

0.64	BULZ	MicroSectors Solactive	Pair Corr
0.73	FNGU	MicroSectors FANG Index Symbol Change	Pair Corr
0.68	MSFT	Microsoft	Pair Corr
0.63	IBM	International Business	Pair Corr

Moving against DeFiance Etf

0.73	KORU	Direxion Daily South	Pair Corr
0.57	NRGU	Bank of Montreal	Pair Corr
0.57	DFEN	Direxion Daily Aerospace	Pair Corr
0.46	JNUG	Direxion Daily Junior	Pair Corr
0.43	PSQ	ProShares Short QQQ	Pair Corr
0.43	QID	ProShares UltraShort QQQ Aggressive Push	Pair Corr
0.42	TAIL	Cambria Tail Risk	Pair Corr
0.81	JNJ	Johnson Johnson	Pair Corr
0.78	MCD	McDonalds	Pair Corr
0.77	PFE	Pfizer Inc	Pair Corr
0.76	PG	Procter Gamble	Pair Corr
0.76	CAT	Caterpillar	Pair Corr
0.74	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.66	T	ATT Inc Sell-off Trend	Pair Corr
0.65	TRV	The Travelers Companies	Pair Corr
0.47	INTC	Intel Aggressive Push	Pair Corr
0.46	AA	Alcoa Corp	Pair Corr
0.46	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.35	GE	GE Aerospace	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.29	0.13	0.47	-0.17	0.33	0.19	0.41	-0.2	-0.3	META
MSFT	0.29		0.85	0.32	-0.93	0.84	0.96	0.67	-0.9	-0.96	MSFT
UBER	0.13	0.85		0.24	-0.91	0.8	0.84	0.54	-0.8	-0.82	UBER
F	0.47	0.32	0.24		-0.33	0.66	0.21	0.6	-0.01	-0.43	F
T	-0.17	-0.93	-0.91	-0.33		-0.85	-0.87	-0.57	0.87	0.89	T
A	0.33	0.84	0.8	0.66	-0.85		0.79	0.82	-0.65	-0.89	A
CRM	0.19	0.96	0.84	0.21	-0.87	0.79		0.69	-0.89	-0.95	CRM
JPM	0.41	0.67	0.54	0.6	-0.57	0.82	0.69		-0.45	-0.76	JPM
MRK	-0.2	-0.9	-0.8	-0.01	0.87	-0.65	-0.89	-0.45		0.83	MRK
XOM	-0.3	-0.96	-0.82	-0.43	0.89	-0.89	-0.95	-0.76	0.83		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	+ 0.96	MSFT
XOM	+ 0.89	T
MRK	+ 0.87	T
UBER	+ 0.85	MSFT
A	+ 0.84	MSFT
CRM	+ 0.84	UBER

High negative correlations

XOM	- 0.96	MSFT
XOM	- 0.95	CRM
T	- 0.93	MSFT
T	- 0.91	UBER
MRK	- 0.9	MSFT
MRK	- 0.89	CRM

DeFiance Daily Competition Risk-Adjusted Indicators

DeFiance Daily ETF can look attractive on recent price action while risk efficiency lags the peer group. Reviewing DeFiance Daily's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.49	-0.10	0.00	-0.16	0.00	0.00	2.33	-2.82	14.24
MSFT	1.29	-0.36	0.00	-0.76	0.00	0.00	2.19	-2.87	13.28
UBER	1.55	-0.09	0.00	-0.21	0.00	0.00	3.18	-3.60	11.09
F	1.37	-0.12	0.00	-0.16	0.00	0.00	3.61	-3.07	10.01
T	1.11	0.27	0.23	-1.67	1.13	-1.23	3.87	-1.92	8.53
A	1.23	-0.23	0.00	-0.31	0.00	0.00	2.48	-3.01	7.20
CRM	1.87	-0.47	0.00	-0.80	0.00	0.00	3.41	-6.09	10.53
JPM	1.13	-0.01	0.00	-0.06	0.00	0.00	2.02	-2.63	8.17
MRK	1.12	0.30	0.24	0.53	1.15	-1.29	2.58	-1.94	7.29
XOM	1.28	0.53	0.38	33.64	1.06	-1.49	2.90	-2.12	6.83

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