WisdomTree Emerging Correlations

DGS Etf

USD 57.68 0.05 0.09%

The current 90-days correlation between WisdomTree Emerging and WisdomTree SmallCap Dividend is 0.1 (i.e., Average diversification). The correlation of WisdomTree Emerging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

WisdomTree Emerging Correlation With Market

Significant diversification

The correlation between WisdomTree Emerging Markets and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WisdomTree Etf

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with WisdomTree Etf

0.64	VWO	Vanguard FTSE Emerging Sell-off Trend	Pair Corr
0.65	SPEM	SPDR Portfolio Emerging	Pair Corr
0.72	ESGE	iShares ESG Aware	Pair Corr
0.71	XSOE	WisdomTree Emerging	Pair Corr
0.61	ROM	ProShares Ultra Tech	Pair Corr
0.67	QLD	ProShares Ultra QQQ	Pair Corr
0.77	UPRO	ProShares UltraPro SP500	Pair Corr
0.71	GUSA	Goldman Sachs MarketBeta	Pair Corr
0.62	HEZU	iShares Currency Hedged	Pair Corr
0.78	GTR	WisdomTree Target Range	Pair Corr

Related Correlations Analysis

	DES	FRDM	DHS	PXH	DTD	IDU	HEDJ	EEMA	EWA	ICOW
DES		0.35	0.68	0.13	0.84	-0.47	0.51	-0.07	0.32	0.44	DES
FRDM	0.35		0.47	0.58	0.56	-0.53	0.75	0.39	-0.17	0.95	FRDM
DHS	0.68	0.47		0.1	0.71	-0.54	0.43	-0.29	-0.22	0.61	DHS
PXH	0.13	0.58	0.1		0.51	-0.31	0.74	0.49	0.02	0.63	PXH
DTD	0.84	0.56	0.71	0.51		-0.56	0.76	0.01	0.08	0.66	DTD
IDU	-0.47	-0.53	-0.54	-0.31	-0.56		-0.38	0.23	0.28	-0.6	IDU
HEDJ	0.51	0.75	0.43	0.74	0.76	-0.38		0.33	0.06	0.77	HEDJ
EEMA	-0.07	0.39	-0.29	0.49	0.01	0.23	0.33		0.48	0.29	EEMA
EWA	0.32	-0.17	-0.22	0.02	0.08	0.28	0.06	0.48		-0.24	EWA
ICOW	0.44	0.95	0.61	0.63	0.66	-0.6	0.77	0.29	-0.24		ICOW
	DES	FRDM	DHS	PXH	DTD	IDU	HEDJ	EEMA	EWA	ICOW

Please upgrade your account to get full access to Macroaxis premium features

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

ICOW	+ 0.95	FRDM
DTD	+ 0.84	DES
ICOW	+ 0.77	HEDJ
HEDJ	+ 0.76	DTD
HEDJ	+ 0.75	FRDM
HEDJ	+ 0.74	PXH

High negative correlations

ICOW	- 0.6	IDU
IDU	- 0.56	DTD
IDU	- 0.54	DHS
IDU	- 0.53	FRDM
IDU	- 0.47	DES
HEDJ	- 0.38	IDU

WisdomTree Emerging Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree Emerging 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 WisdomTree Emerging'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
DES	0.69	(0.06)	(0.06)	0.01	0.91	(0.73)	1.92	(1.62)	4.15
FRDM	0.81	0.22	0.11	(84.07)	1.04	(0.81)	1.83	(1.68)	6.23
DHS	0.50	0.04	(0.06)	(1.83)	0.50	(0.56)	1.27	(0.92)	2.29
PXH	0.61	0.00	(0.01)	0.07	0.94	(0.58)	1.11	(1.08)	4.81
DTD	0.45	(0.01)	(0.05)	0.06	0.50	(0.49)	0.93	(0.85)	2.24
IDU	0.59	(0.03)	(0.09)	0.00	0.73	(0.66)	1.11	(1.25)	3.68
HEDJ	0.58	0.03	0.01	0.10	0.66	(0.64)	1.05	(1.18)	2.89
EEMA	0.77	0.07	(0.01)	(1.44)	0.98	(0.77)	1.47	(1.25)	5.42
EWA	0.68	(0.05)	(0.07)	0.00	0.93	(0.67)	1.25	(1.59)	3.80
ICOW	0.57	0.11	0.04	1.16	0.88	(0.54)	1.09	(1.17)	3.46

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC