BrandywineGLOBAL Correlations

DVAL Etf

USD 14.53 0.01 0.07%

The current 90-days correlation between BrandywineGLOBAL D and Martin Currie Sustainable is 0.18 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BrandywineGLOBAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BrandywineGLOBAL Dynamic moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

BrandywineGLOBAL Correlation With Market

Very poor diversification

The correlation between BrandywineGLOBAL Dynamic and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BrandywineGLOBAL Dynamic and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BrandywineGLOBAL Dynamic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with BrandywineGLOBAL Etf

0.99	VTV	Vanguard Value Index Potential Growth	Pair Corr
0.99	VYM	Vanguard High Dividend Sell-off Trend	Pair Corr
0.99	IWD	iShares Russell 1000 Sell-off Trend	Pair Corr
0.98	DGRO	iShares Core Dividend	Pair Corr
0.98	IVE	iShares SP 500	Pair Corr
0.93	DVY	iShares Select Dividend	Pair Corr
0.98	SPYV	SPDR Portfolio SP	Pair Corr
0.94	FVD	First Trust Value	Pair Corr
0.98	IUSV	iShares Core SP	Pair Corr
0.8	NOBL	ProShares SP 500	Pair Corr
0.91	SIXD	AIM ETF Products	Pair Corr
0.83	CEFD	ETRACS Monthly Pay	Pair Corr
0.72	TSJA	TSJA	Pair Corr
0.75	DSJA	DSJA	Pair Corr
0.85	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.9	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.85	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.73	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.9	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.76	WMT	Walmart	Pair Corr
0.72	T	ATT Inc Sell-off Trend	Pair Corr

Moving against BrandywineGLOBAL Etf

0.83	ULE	ProShares Ultra Euro	Pair Corr
0.73	VIIX	VIIX	Pair Corr
0.71	YCL	ProShares Ultra Yen	Pair Corr
0.68	FXY	Invesco CurrencyShares	Pair Corr
0.39	PFFL	ETRACS 2xMonthly Pay	Pair Corr
0.73	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.73	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.69	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.68	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.41	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	MCSE	BRNY	IUS	FTGS	QQQS
MCSE		-0.77	-0.64	-0.71	-0.59	MCSE
BRNY	-0.77		0.97	0.98	0.87	BRNY
IUS	-0.64	0.97		0.99	0.85	IUS
FTGS	-0.71	0.98	0.99		0.85	FTGS
QQQS	-0.59	0.87	0.85	0.85		QQQS
	MCSE	BRNY	IUS	FTGS	QQQS

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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

FTGS	+ 0.99	IUS
FTGS	+ 0.98	BRNY
IUS	+ 0.97	BRNY
QQQS	+ 0.87	BRNY
QQQS	+ 0.85	IUS
QQQS	+ 0.85	FTGS

High negative correlations

BRNY	- 0.77	MCSE
FTGS	- 0.71	MCSE
IUS	- 0.64	MCSE
QQQS	- 0.59	MCSE

BrandywineGLOBAL Constituents Risk-Adjusted Indicators

There is a big difference between BrandywineGLOBAL Etf performing well and BrandywineGLOBAL ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BrandywineGLOBAL's multiple risk-adjusted performance indicators across the competitive landscape. 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
MCSE	0.82	(0.13)	0.00	(0.14)	0.00	0.00	1.61	(2.04)	6.65
BRNY	0.61	0.12	0.15	0.25	0.40	(0.72)	1.74	(1.16)	4.94
IUS	0.44	0.02	(0.03)	0.14	0.28	(0.51)	0.93	(0.70)	3.62
FTGS	0.55	0.02	0.02	0.13	0.53	(0.58)	1.35	(1.30)	4.85
QQQS	1.19	0.10	0.10	0.19	1.29	(1.30)	2.71	(2.43)	6.19

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