IShares MSCI Correlations

EPOL Etf

USD 21.88 0.10 0.46%

The current 90-days correlation between iShares MSCI Poland and iShares MSCI Philippines is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares MSCI Poland moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

IShares MSCI Correlation With Market

Significant diversification

The correlation between iShares MSCI Poland and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares MSCI Poland 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 iShares MSCI Poland. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with IShares Etf

0.76	EWU	iShares MSCI United	Pair Corr
0.9	EWY	iShares MSCI South	Pair Corr
0.9	EWL	iShares MSCI Switzerland	Pair Corr
0.7	EWW	iShares MSCI Mexico Potential Growth	Pair Corr
0.77	BND	Vanguard Total Bond	Pair Corr
0.7	VEA	Vanguard FTSE Developed	Pair Corr
0.91	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.73	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.89	KO	Coca Cola Sell-off Trend	Pair Corr
0.61	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Moving against IShares Etf

0.8	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.62	BBCA	JPMorgan BetaBuilders	Pair Corr
0.61	VUG	Vanguard Growth Index	Pair Corr
0.6	EWC	iShares MSCI Canada	Pair Corr
0.55	VTI	Vanguard Total Stock	Pair Corr
0.55	SPY	SPDR SP 500 Aggressive Push	Pair Corr
0.55	IVV	iShares Core SP	Pair Corr
0.53	VO	Vanguard Mid Cap	Pair Corr
0.5	VB	Vanguard Small Cap	Pair Corr
0.41	VTV	Vanguard Value Index Sell-off Trend	Pair Corr
0.82	T	ATT Inc Aggressive Push	Pair Corr
0.8	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.75	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.6	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.59	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.57	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.45	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.33	HD	Home Depot Sell-off Trend	Pair Corr

Related Correlations Analysis

	EPHE	EIDO	EPU	EIRL	THD
EPHE		0.89	0.07	0.82	0.8	EPHE
EIDO	0.89		-0.16	0.83	0.65	EIDO
EPU	0.07	-0.16		-0.24	0.43	EPU
EIRL	0.82	0.83	-0.24		0.61	EIRL
THD	0.8	0.65	0.43	0.61		THD
	EPHE	EIDO	EPU	EIRL	THD

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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

EIDO	+ 0.89	EPHE
EIRL	+ 0.83	EIDO
EIRL	+ 0.82	EPHE
THD	+ 0.8	EPHE
THD	+ 0.65	EIDO
THD	+ 0.61	EIRL

High negative correlations

EIRL	- 0.24	EPU
EPU	- 0.16	EIDO

IShares MSCI Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares MSCI 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 IShares MSCI'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
EPHE	0.88	(0.11)	0.00	(1.40)	0.00	0.00	1.80	(1.95)	5.19
EIDO	0.81	(0.18)	0.00	(0.42)	0.00	0.00	1.26	(2.10)	5.17
EPU	0.99	0.09	(0.02)	(0.92)	1.20	(0.97)	2.04	(1.83)	6.30
EIRL	0.77	(0.29)	0.00	(0.56)	0.00	0.00	1.14	(1.97)	4.82
THD	0.91	(0.01)	(0.08)	0.09	1.08	(1.04)	1.97	(1.62)	8.05

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