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  • Six Month Correlation Among iShares ETFs [View article]
    User 75976, AZGM, and User 95663, correlation is a standard investment metric. We can argue it's usefulness, but, it's a common tool. Modern Portfolio Theory (MPT) is based on it.

    Even before Richard commented it was obvious the baseline was the SP500. You could see that since IVV was listed with a correlation of 1.0 in the 6-month chart. Even without that, in the US correlations are generally assumed to be the S&P unless stated otherwise.

    If you follow Richard long enough you'll actually learn something. But, you do have to actually know something about investing to appreciate some of his comments.
    Apr 23 22:52 pm |Rating: 0 0 |Link to Comment
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