IShares MSCI Correlations
| XEM Etf | CAD 44.34 0.41 0.93% |
The current 90-days correlation between iShares MSCI Emerging and Hamilton Enhanced Canadian is 0.44 (i.e., Very weak diversification).When IShares MSCI exhibits high correlation with a broad index, its returns are largely explained by market-wide movements rather than company-specific drivers.
Market Correlation for IShares MSCI
Very weak diversification
For the present investment horizon, the measured correlation between XEM and DJI stands at 0.53, or Very weak diversification. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
IShares |
The correlation view summarizes how IShares MSCI aligns with comparable exposures. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.
Moving together with IShares Etf
| 0.95 | VEE | Vanguard FTSE Emerging | PairCorr |
| 1.0 | ZEM | BMO MSCI Emerging | PairCorr |
| 1.0 | XEC | iShares Core MSCI | PairCorr |
| 0.97 | ZLE | BMO Low Volatility | PairCorr |
| 1.0 | HXEM | Global X Emerging | PairCorr |
| 0.93 | XMM | iShares MSCI Min | PairCorr |
| 0.69 | CGRA | CI Global Real | PairCorr |
| 0.86 | EIT-UN | Canoe EIT Income | PairCorr |
| 0.72 | HXU | BetaPro SAMPP TSX | PairCorr |
Moving against IShares Etf
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
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IShares MSCI Competition Risk-Adjusted Indicators
Surface-level performance for IShares Etf can mask how the business actually stacks up against its competitive set. Risk-adjusted metrics allow investors to compare IShares MSCI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.47 | -0.01 | 0.00 | -0.06 | 0.00 | 2.33 | 14.24 | |||
| MSFT | 1.24 | -0.24 | 0.00 | -0.55 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.53 | -0.09 | 0.00 | -0.21 | 0.00 | 3.18 | 11.09 | |||
| F | 1.36 | -0.11 | 0.00 | -0.14 | 0.00 | 3.61 | 10.01 | |||
| T | 1.10 | 0.21 | 0.19 | -0.82 | 1.11 | 3.87 | 8.53 | |||
| A | 1.24 | -0.32 | 0.00 | -0.35 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.82 | -0.41 | 0.00 | -0.68 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.14 | -0.05 | 0.00 | -0.07 | 0.00 | 2.18 | 8.17 | |||
| MRK | 1.13 | 0.30 | 0.22 | 0.61 | 1.22 | 2.54 | 7.29 | |||
| XOM | 1.33 | 0.45 | 0.31 | 26.63 | 1.14 | 2.90 | 6.83 |
Be your own money manager
Portfolio optimization matters because investors need a repeatable way to decide whether adding iShares MSCI Emerging improves expected return without taking on disproportionate risk. A stronger allocation process asks what the position adds to the portfolio, not just what it might do on its own.
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