IShares MSCI Correlations

XMM Etf

CAD 31.66 0.72 2.33%

Low or negative correlation with other holdings can meaningfully reduce portfolio drawdowns during market stress. The current 90-days correlation between iShares MSCI Min and Purpose Multi Asset Income is 0.38 (i.e., Moderate diversification).

Market Correlation for IShares MSCI

Poor diversification

IShares MSCI currently posts a 0.72 correlation with Dow Jones, indicating a Poor diversification relationship for the active sample. Lower overlap tends to improve diversification, while higher overlap means both positions carry similar risk.

The correlation profile for IShares MSCI summarizes co-movement with comparable assets. The data is presented as reference information within a regulatory context.

Moving together with IShares Etf

0.98	VEE	Vanguard FTSE Emerging	Pair Corr
0.88	ZEM	BMO MSCI Emerging	Pair Corr
0.91	XEC	iShares Core MSCI	Pair Corr
0.92	XEM	iShares MSCI Emerging	Pair Corr
0.74	ZLE	BMO Low Volatility	Pair Corr
0.93	HXEM	Global X Emerging	Pair Corr

Moving against IShares Etf

0.55	HXD	BetaPro SAMPPTSX	Pair Corr
0.48	HIU	BetaPro SAMPP 500	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.21	0.07	0.4	-0.1	0.27	0.13	0.38	-0.15	-0.21	META
MSFT	0.21		0.84	0.26	-0.93	0.83	0.96	0.66	-0.89	-0.95	MSFT
UBER	0.07	0.84		0.2	-0.9	0.8	0.83	0.53	-0.76	-0.79	UBER
F	0.4	0.26	0.2		-0.28	0.63	0.16	0.58	0.03	-0.36	F
T	-0.1	-0.93	-0.9	-0.28		-0.85	-0.87	-0.55	0.86	0.88	T
A	0.27	0.83	0.8	0.63	-0.85		0.78	0.82	-0.63	-0.87	A
CRM	0.13	0.96	0.83	0.16	-0.87	0.78		0.68	-0.89	-0.95	CRM
JPM	0.38	0.66	0.53	0.58	-0.55	0.82	0.68		-0.43	-0.74	JPM
MRK	-0.15	-0.89	-0.76	0.03	0.86	-0.63	-0.89	-0.43		0.85	MRK
XOM	-0.21	-0.95	-0.79	-0.36	0.88	-0.87	-0.95	-0.74	0.85		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	+ 0.96	MSFT
XOM	+ 0.88	T
MRK	+ 0.86	T
XOM	+ 0.85	MRK
UBER	+ 0.84	MSFT
A	+ 0.83	MSFT

High negative correlations

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

IShares MSCI Competition Risk-Adjusted Indicators

Return momentum in IShares Etf is more useful when tested against peer-relative fundamentals and risk. Without risk-adjusted context, investors may overweight short-term returns and underweight the volatility required to achieve them. 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	1.51	-0.05	0.00	-0.12	0.00	0.00	2.33	-2.82	14.24
MSFT	1.27	-0.28	0.00	-0.62	0.00	0.00	2.19	-2.87	13.28
UBER	1.52	-0.06	0.00	-0.18	0.00	0.00	3.18	-3.39	11.09
F	1.37	-0.13	0.00	-0.18	0.00	0.00	3.61	-3.07	10.01
T	1.13	0.28	0.24	-1.68	1.12	-1.25	3.87	-1.92	8.53
A	1.22	-0.26	0.00	-0.33	0.00	0.00	2.48	-3.01	7.20
CRM	1.78	-0.34	0.00	-0.63	0.00	0.00	3.41	-4.75	9.78
JPM	1.11	-0.03	0.00	-0.09	0.00	0.00	2.02	-2.63	8.17
MRK	1.11	0.29	0.24	0.54	1.15	-1.27	2.54	-1.94	7.29
XOM	1.27	0.53	0.40	18.70	1.04	-1.48	2.90	-2.12	6.83

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Optimization tools can help investors judge whether capital allocated to iShares MSCI Min is being used efficiently relative to other opportunities in the same equity universe. 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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