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World Explorer - Correlations
Data updated 2024-Nov-20 (Wednesday)Investigate how other selected countries move with respect to United States looking at Last calendar December correlations . Relative Movement can be classified as: unrelated (correlation coefficient near 0), generally in the same direction (correlation coefficient near 1), generally in the opposite direction (correlation coefficient near -1)
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Pearson Correlations are calculated using various country ETFs with reference to United States for Last calendar December period using daily returns. Regions are color coded on a relative scale (Low correlations in Red & High correlations in Green). Click on map to view correlation value or to select other reference countries
Pearson Correlations calculated between United States (SPY) and other countries for various months
| Symbol | Name | January | February | March | April | May | June | July | August | September | October | November | December | Tags |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
iShares MSCI Canada ETF
|
0.85
|
0.70
|
0.77
|
0.74
|
0.70
|
0.50
|
0.67
|
0.86
|
0.83
|
0.65
|
0.67
|
0.85
|
ETF/ETN
|
|
|
iShares MSCI South Africa ETF
|
0.46
|
0.59
|
0.18
|
0.63
|
0.40
|
0.34
|
0.57
|
0.71
|
0.55
|
0.49
|
0.37
|
0.40
|
ETF/ETN
|
|
|
iShares MSCI Japan ETF
|
0.48
|
0.67
|
0.57
|
0.67
|
0.60
|
0.41
|
0.76
|
0.75
|
0.70
|
0.56
|
0.59
|
0.69
|
ETF/ETN
|
|
|
iShares MSCI South Korea ETF
|
0.64
|
0.61
|
0.52
|
0.65
|
0.61
|
0.64
|
0.73
|
0.78
|
0.64
|
0.66
|
0.41
|
0.64
|
ETF/ETN
|
|
|
iShares MSCI Brazil ETF
|
0.27
|
0.22
|
0.47
|
0.33
|
0.46
|
0.12
|
0.47
|
0.51
|
0.56
|
0.42
|
0.39
|
0.12
|
ETF/ETN
|
|
|
iShares MSCI Germany ETF
|
0.62
|
0.70
|
0.67
|
0.68
|
0.78
|
0.56
|
0.55
|
0.82
|
0.65
|
0.74
|
0.36
|
0.84
|
ETF/ETN
|
|
|
iShares China Large-Cap ETF
|
0.30
|
0.29
|
0.29
|
0.59
|
0.30
|
0.59
|
0.45
|
0.47
|
0.39
|
0.16
|
0.26
|
0.37
|
ETF/ETN
|
|
|
iShares MSCI Taiwan ETF
|
0.70
|
0.60
|
0.57
|
0.68
|
0.63
|
0.63
|
0.74
|
0.79
|
0.74
|
0.60
|
0.61
|
0.27
|
ETF/ETN
|
|
|
iShares MSCI Mexico ETF
|
0.51
|
0.36
|
0.56
|
0.69
|
0.41
|
0.20
|
0.61
|
0.57
|
0.57
|
0.30
|
0.64
|
0.52
|
ETF/ETN
|
|
|
iShares MSCI India ETF
|
0.25
|
0.29
|
0.59
|
0.65
|
0.19
|
0.25
|
0.56
|
0.75
|
0.58
|
0.57
|
0.63
|
0.55
|
ETF/ETN
|
|
|
iShares MSCI Thailand ETF
|
0.31
|
0.44
|
0.04
|
0.62
|
0.23
|
0.48
|
0.61
|
0.62
|
0.16
|
0.28
|
0.26
|
0.56
|
ETF/ETN
|
|
|
iShares MSCI France ETF
|
0.66
|
0.62
|
0.67
|
0.69
|
0.72
|
0.49
|
0.49
|
0.71
|
0.61
|
0.67
|
0.43
|
0.83
|
ETF/ETN
|
|
|
iShares MSCI Sweden ETF
|
0.59
|
0.65
|
0.73
|
0.67
|
0.66
|
0.54
|
0.54
|
0.76
|
0.71
|
0.62
|
0.45
|
0.76
|
ETF/ETN
|
|
|
iShares MSCI Singapore ETF
|
0.63
|
0.38
|
0.53
|
0.65
|
0.46
|
0.51
|
0.55
|
0.80
|
0.67
|
0.62
|
0.28
|
0.70
|
ETF/ETN
|
|
|
iShares MSCI Malaysia ETF
|
0.48
|
0.32
|
0.25
|
0.55
|
0.43
|
0.38
|
0.44
|
0.53
|
0.50
|
0.48
|
0.33
|
0.57
|
ETF/ETN
|
|
|
iShares MSCI Chile ETF
|
0.52
|
0.33
|
0.36
|
0.31
|
0.52
|
0.39
|
0.53
|
0.69
|
0.49
|
0.38
|
0.35
|
0.47
|
ETF/ETN
|
|
|
iShares MSCI Spain ETF
|
0.49
|
0.50
|
0.64
|
0.58
|
0.56
|
0.45
|
0.27
|
0.71
|
0.61
|
0.54
|
0.20
|
0.67
|
ETF/ETN
|
|
|
VanEck Vectors Vietnam ETF
|
0.36
|
-0.02
|
0.26
|
0.51
|
0.40
|
0.27
|
0.37
|
0.39
|
0.02
|
0.39
|
0.42
|
0.12
|
ETF/ETN
|
|
|
iShares MSCI Turkey ETF
|
0.17
|
-0.02
|
0.11
|
0.21
|
0.06
|
0.29
|
0.06
|
0.26
|
0.04
|
0.33
|
0.36
|
0.13
|
ETF/ETN
|
|
|
iShares MSCI Indonesia ETF
|
0.35
|
0.58
|
0.27
|
0.26
|
0.46
|
0.07
|
0.48
|
0.59
|
0.45
|
0.31
|
0.32
|
0.66
|
ETF/ETN
|
|
|
iShares MSCI Netherlands ETF
|
0.71
|
0.79
|
0.77
|
0.80
|
0.81
|
0.75
|
0.81
|
0.83
|
0.76
|
0.65
|
0.55
|
0.87
|
ETF/ETN
|
|
|
iShares MSCI Switzerland ETF
|
0.49
|
0.46
|
0.68
|
0.52
|
0.43
|
0.51
|
0.37
|
0.73
|
0.50
|
0.66
|
0.43
|
0.79
|
ETF/ETN
|
|
|
iShares MSCI United Kingdom ETF
|
0.54
|
0.36
|
0.64
|
0.67
|
0.70
|
0.49
|
0.54
|
0.84
|
0.72
|
0.65
|
0.44
|
0.73
|
ETF/ETN
|
|
|
iShares MSCI Saudi Arabia ETF
|
0.38
|
0.42
|
0.40
|
0.38
|
0.49
|
0.29
|
0.38
|
0.68
|
0.41
|
0.39
|
0.62
|
0.46
|
ETF/ETN
|
|
|
iShares MSCI Australia ETF
|
0.74
|
0.63
|
0.68
|
0.70
|
0.73
|
0.57
|
0.64
|
0.85
|
0.78
|
0.68
|
0.58
|
0.77
|
ETF/ETN
|
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Market Performance : Recent performance across covered assets
Historical Performance : Prior & Subsequent performance across assets on a historical date
Market Technicals : Technical indicator levels across covered assets
Market Seasonality : Seasonal performance by calendar months across covered assets
Performance Comparison : Chart compare/benchmark performance with multiple assets over time
Side-by-Side Comparison : Contrast with other assets over time in a side-by-side presentation
Sector : Analyze & compare Sector performance
Industry : Analyze & compare Industries within Sectors
Breakouts & Breakdowns : Identifying stocks/etfs which recently traded up/down in unusually elevated volumes
Swing Volatility : Identifying stocks/etfs with elevated volatility
World Explorer : Performance & Correlation between key countries across the world Currently Viewing
Advance/Decline : Sentiment using accumulated advances & declines in S&P 500 stocks
Highs/Lows : Sentiment using frequency of key highs/lows in S&P 500 stocks
Moving Average : Sentiment using frequency of S&P 500 stocks above key moving averages
Technical Distribution : Sentiment using frequency distribution of S&P 500 stocks with bullish/bearish technical levels