Snapshot*
Top 10 Holdings
What is KSA?
The iShares MSCI Saudi Arabia Capped ETF seeks to track the investment results of a broad-based index composed of Saudi Arabian equities. The MSCI Saudi Arabia IMI 25/50 Index is designed to measure the performance of the large, mid and small cap segments of theSaudi Arabia market. The index incorporates foreign ownership limit restrictions. It also applies certain investment limits that areimposed on regulated investment companies, or RICs, under the current US Internal Revenue Code. With 57 constituents, the index coversapproximately 99% of the free float-adjusted market capitalization in Saudi Arabia.
ETFs related toKSA
ETFs correlated to KSA include EMC, XAUG, VYMI
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 toKSA
Follow the Global Trend
Copy the Dragon Portfolio
Create your own algorithmic trading strategy with KSA using Composer
News Related to KSA
Spotify To Rally More Than 16%? Here Are 10 Top Analyst Forecasts For Tuesday
May 20, 2025 • by Avi Kapoor
This Air Lease Analyst Turns Bullish; Here Are Top 3 Upgrades For Tuesday
May 20, 2025 • by Avi Kapoor
Citigroup Upgrades Air Lease to Buy, Raises Price Target to $68
May 20, 2025 • by Benzinga NewsdeskAir Lease Q1 Adj. EPS $1.51 Beats $0.94 Estimate, Sales $738.28M Beat $710.23M Estimate
May 5, 2025 • by Benzinga NewsdeskFAQ
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.