IShares ESG Financial Statements From 2010 to 2026
| XCSR Etf | CAD 104.29 0.31 0.30% |
Check IShares ESG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares ESG's main balance sheet or income statement drivers, such as , as well as many indicators such as . IShares financial statements analysis is a perfect complement when working with IShares ESG Valuation or Volatility modules.
IShares |
Pair Trading with IShares ESG
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares ESG position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares ESG will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.92 | XIU | iShares SPTSX 60 | PairCorr |
| 0.91 | XIC | iShares Core SPTSX | PairCorr |
| 0.91 | ZCN | BMO SPTSX Capped | PairCorr |
| 0.91 | VCN | Vanguard FTSE Canada | PairCorr |
| 0.92 | HXT | Global X SPTSX | PairCorr |
Moving against IShares Etf
| 0.9 | HXD | BetaPro SPTSX 60 | PairCorr |
| 0.63 | HIU | BetaPro SP 500 | PairCorr |
| 0.58 | HUC | Global X Crude | PairCorr |
| 0.5 | HBLK | Blockchain Technologies | PairCorr |
| 0.44 | HED | BetaPro SPTSX Capped | PairCorr |
The ability to find closely correlated positions to IShares ESG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares ESG when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares ESG - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares ESG Advanced to buy it.
The correlation of IShares ESG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares ESG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares ESG Advanced moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares ESG can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of IShares ESG Correlation against competitors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.