Snapshot*
Top 10 Holdings
What is IJR?
The iShares S&P SmallCap 600 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. small-cap stocks as represented by the Standard & Poors SmallCap 600 Index.
ETFs related toIJR
ETFs correlated to IJR include SPSM, VIOO, DFAS
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toIJR
Buy the Dips: Nasdaq 100
Diversify with Sin Stocks
Create your own algorithmic trading strategy with IJR using Composer
News Related to IJR
Citigroup Maintains Buy on BlackRock, Lowers Price Target to $1100
Apr 14, 2025 • by Benzinga NewsdeskJP Morgan Maintains Neutral on BlackRock, Lowers Price Target to $988
Apr 14, 2025 • by Benzinga NewsdeskRep. Jefferson Shreve Has Sold Up to $3.10M Worth Of NVIDIA Stock: Here's What You Should Know
Apr 14, 2025 • by Benzinga Insights
Bank Stocks Rebound Above 200-Day Average As Earnings Propel Dip Buyers
Apr 14, 2025 • by Piero Cingari
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.