Alpha Architect Correlations

IVAL Etf

USD 24.64 0.41 1.69%

The current 90-days correlation between Alpha Architect Inte and Schwab Fundamental Small is 0.3 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha Architect moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Architect International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Alpha Architect Correlation With Market

Weak diversification

The correlation between Alpha Architect International and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alpha Architect International and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alpha Architect International. 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 Alpha Etf

0.95	EFV	iShares MSCI EAFE	Pair Corr
0.97	FNDF	Schwab Fundamental	Pair Corr
0.9	VYMI	Vanguard International	Pair Corr
0.9	IDV	iShares International	Pair Corr
0.97	DFIV	Dimensional International	Pair Corr
0.97	IVLU	iShares Edge MSCI	Pair Corr
0.94	RODM	Hartford Multifactor	Pair Corr
0.97	PXF	Invesco FTSE RAFI	Pair Corr
0.92	HDEF	Xtrackers MSCI EAFE	Pair Corr
0.71	PID	Invesco International	Pair Corr
0.71	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.76	KO	Coca Cola Aggressive Push	Pair Corr
0.72	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Alpha Etf

0.69	BITX	Volatility Shares Trust	Pair Corr
0.68	DAPP	VanEck Digital Trans	Pair Corr
0.67	CRPT	First Trust SkyBridge	Pair Corr
0.67	CONL	GraniteShares ETF Trust	Pair Corr
0.67	DPST	Direxion Daily Regional	Pair Corr
0.63	WGMI	Valkyrie Bitcoin Miners	Pair Corr
0.51	NVDL	GraniteShares 15x Long	Pair Corr
0.51	NVDX	T Rex 2X	Pair Corr
0.51	NVDU	Direxion Daily NVDA	Pair Corr
0.74	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.73	BAC	Bank of America Aggressive Push	Pair Corr
0.71	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.64	WMT	Walmart Aggressive Push	Pair Corr
0.59	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.57	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.57	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.46	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Related Correlations Analysis

	FNDA	FNDX	FNDC	FNDE	SCHC
FNDA		0.97	-0.53	0.19	-0.4	FNDA
FNDX	0.97		-0.49	0.33	-0.34	FNDX
FNDC	-0.53	-0.49		0.3	0.97	FNDC
FNDE	0.19	0.33	0.3		0.46	FNDE
SCHC	-0.4	-0.34	0.97	0.46		SCHC
	FNDA	FNDX	FNDC	FNDE	SCHC

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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

FNDX	+ 0.97	FNDA
SCHC	+ 0.97	FNDC
SCHC	+ 0.46	FNDE
FNDE	+ 0.33	FNDX
FNDE	+ 0.3	FNDC
FNDE	+ 0.19	FNDA

High negative correlations

FNDC	- 0.53	FNDA
FNDC	- 0.49	FNDX
SCHC	- 0.4	FNDA
SCHC	- 0.34	FNDX

Alpha Architect Constituents Risk-Adjusted Indicators

There is a big difference between Alpha Etf performing well and Alpha Architect 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 Alpha Architect'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
FNDA	0.77	0.00	0.03	0.12	0.70	(0.89)	1.76	(1.45)	6.49
FNDX	0.53	0.00	(0.03)	0.13	0.42	(0.63)	0.92	(0.88)	3.86
FNDC	0.62	(0.09)	0.00	(0.11)	0.00	0.00	1.37	(1.32)	4.31
FNDE	0.98	(0.02)	(0.09)	0.05	1.26	(1.10)	2.94	(1.99)	8.83
SCHC	0.65	(0.10)	0.00	(0.08)	0.00	0.00	1.38	(1.19)	4.17

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