IShares SAMPPTSX Correlations

XMD Etf

CAD 53.26 -1.12 -2.06%

The current 90-days correlation between iShares SAMPPTSX and AGFiQ Market Neutral is -0.48 (i.e., Very good diversification).The correlation of IShares SAMPPTSX is a statistical measure of how it moves in relation to other instruments. The correlation coefficient ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5.

Market Correlation Signal - IShares SAMPPTSX

Weak diversification

The correlation between XMD and DJI is 0.33, which Macroaxis classifies as Weak diversification for the selected horizon. Used correctly, the chart supports evaluation of whether adding the second position genuinely diversifies the first.

This dataset outlines how IShares SAMPPTSX behaves relative to comparable instruments. All correlation values are derived from historical return data. Wash sale provisions may affect replacement decisions involving similar securities.

Moving together with IShares Etf

0.98	XCS	iShares SAMPPTSX Small	Pair Corr
0.99	MCSM	Manulife Multifactor	Pair Corr
0.96	HAC	Global X Seasonal	Pair Corr
0.78	QDX	Mackenzie International	Pair Corr
0.92	QCE	Mackenzie Canadian Large	Pair Corr
0.97	QCN	Mackenzie Canadian Equity	Pair Corr
0.77	ULV-C	Invesco SAMPP 500	Pair Corr

Related Correlations Analysis

	XMH	HUTL	EGIF	XMU	TPRF	XUSR	XCSR	XMA	XMV	QBTL
XMH		0.45	0.49	0.59	0.46	0.3	0.26	0.79	0.61	-0.56	XMH
HUTL	0.45		0.88	0.32	0.84	-0.59	-0.45	0.61	0.82	-0.09	HUTL
EGIF	0.49	0.88		0.17	0.71	-0.52	-0.47	0.67	0.67	-0.11	EGIF
XMU	0.59	0.32	0.17		0.53	0.25	0.51	0.58	0.73	-0.19	XMU
TPRF	0.46	0.84	0.71	0.53		-0.34	-0.22	0.65	0.88	-0.29	TPRF
XUSR	0.3	-0.59	-0.52	0.25	-0.34		0.79	0.06	-0.2	-0.52	XUSR
XCSR	0.26	-0.45	-0.47	0.51	-0.22	0.79		0.25	0.07	-0.26	XCSR
XMA	0.79	0.61	0.67	0.58	0.65	0.06	0.25		0.8	-0.41	XMA
XMV	0.61	0.82	0.67	0.73	0.88	-0.2	0.07	0.8		-0.29	XMV
QBTL	-0.56	-0.09	-0.11	-0.19	-0.29	-0.52	-0.26	-0.41	-0.29		QBTL
	XMH	HUTL	EGIF	XMU	TPRF	XUSR	XCSR	XMA	XMV	QBTL

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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

EGIF	+ 0.88	HUTL
XMV	+ 0.88	TPRF
TPRF	+ 0.84	HUTL
XMV	+ 0.82	HUTL
XMV	+ 0.8	XMA
XMA	+ 0.79	XMH

High negative correlations

XUSR	- 0.59	HUTL
QBTL	- 0.56	XMH
QBTL	- 0.52	XUSR
XUSR	- 0.52	EGIF
XCSR	- 0.47	EGIF
XCSR	- 0.45	HUTL

IShares SAMPPTSX Constituents Risk-Adjusted Indicators

Evaluating IShares Etf requires separating price momentum from underlying business quality relative to competitors. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. 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
XMH	0.76	0.06	0.00	-0.04	0.00	0.00	1.34	-1.87	5.83
HUTL	0.52	0.14	0.30	0.67	0.52	-0.58	1.06	-0.89	3.02
EGIF	0.23	0.12	0.00	1.62	0.00	0.00	0.26	0.00	6.40
XMU	0.45	-0.01	0.00	-0.13	0.00	0.00	0.78	-1.11	2.52
TPRF	0.15	0.02	0.47	0.40	0.09	-0.18	0.32	-0.32	0.96
XUSR	0.88	0.01	0.00	-0.09	0.00	0.00	1.49	-2.26	5.77
XCSR	0.86	-0.06	0.00	-0.16	0.00	0.00	1.40	-2.00	5.03
XMA	2.11	0.15	0.03	0.01	3.81	-1.76	3.86	-5.86	13.90
XMV	0.46	0.04	0.15	0.02	0.66	-0.45	0.92	-1.16	2.83
QBTL	0.96	-0.12	0.00	0.02	0.00	0.00	2.27	-1.99	6.53

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Portfolio optimization matters because investors need a repeatable way to decide whether adding iShares SAMPPTSX Completion improves expected return without taking on disproportionate risk. Used correctly, optimization turns position sizing and rebalancing into measurable decisions rather than guesswork.

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