WisdomTree Emerging Correlations

DGS Etf

USD 62.09 0.75 1.22%

The current 90-days correlation between WisdomTree Emerging and Pacer Developed Markets is -0.06 (i.e., Good 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

Poor diversification

The correlation between WisdomTree Emerging Markets and DJI is 0.73 (i.e., Poor 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 price.

Moving together with WisdomTree Etf

0.93	VWO	Vanguard FTSE Emerging	Pair Corr
0.96	IEMG	iShares Core MSCI	Pair Corr
0.92	EMC	Global X Funds	Pair Corr
0.97	EEM	iShares MSCI Emerging	Pair Corr
0.94	SPEM	SPDR Portfolio Emerging	Pair Corr
0.97	FNDE	Schwab Fundamental Sell-off Trend	Pair Corr
0.95	ESGE	iShares ESG Aware	Pair Corr
0.97	SFGRX	Seafarer Overseas	Pair Corr
0.96	XSOE	WisdomTree Emerging	Pair Corr
0.74	VTI	Vanguard Total Stock	Pair Corr
0.71	SPY	SPDR SP 500	Pair Corr
0.72	IVV	iShares Core SP	Pair Corr
0.84	VTV	Vanguard Value Index	Pair Corr
0.75	VO	Vanguard Mid Cap	Pair Corr
0.92	VEA	Vanguard FTSE Developed	Pair Corr
0.8	VB	Vanguard Small Cap	Pair Corr
0.62	MRK	Merck Company Earnings Call Today	Pair Corr
0.72	JNJ	Johnson Johnson	Pair Corr
0.71	DD	Dupont De Nemours Earnings Call This Week	Pair Corr
0.95	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.78	INTC	Intel Aggressive Push	Pair Corr

Moving against WisdomTree Etf

0.78	HPQ	HP Inc Aggressive Push	Pair Corr
0.6	MSFT	Microsoft	Pair Corr
0.49	MMM	3M Company	Pair Corr

Related Correlations Analysis

	DES	FRDM	DHS	PXH	DTD	IDU	HEDJ	EEMA	EWA	ICOW
DES		0.87	0.92	0.75	0.91	-0.51	0.9	0.69	0.72	0.93	DES
FRDM	0.87		0.9	0.95	0.92	-0.4	0.89	0.92	0.83	0.95	FRDM
DHS	0.92	0.9		0.81	0.96	-0.44	0.86	0.71	0.67	0.93	DHS
PXH	0.75	0.95	0.81		0.83	-0.17	0.81	0.96	0.83	0.89	PXH
DTD	0.91	0.92	0.96	0.83		-0.49	0.91	0.77	0.74	0.94	DTD
IDU	-0.51	-0.4	-0.44	-0.17	-0.49		-0.43	-0.15	-0.22	-0.45	IDU
HEDJ	0.9	0.89	0.86	0.81	0.91	-0.43		0.81	0.73	0.9	HEDJ
EEMA	0.69	0.92	0.71	0.96	0.77	-0.15	0.81		0.83	0.81	EEMA
EWA	0.72	0.83	0.67	0.83	0.74	-0.22	0.73	0.83		0.82	EWA
ICOW	0.93	0.95	0.93	0.89	0.94	-0.45	0.9	0.81	0.82		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

DTD	+ 0.96	DHS
EEMA	+ 0.96	PXH
PXH	+ 0.95	FRDM
ICOW	+ 0.95	FRDM
ICOW	+ 0.94	DTD
ICOW	+ 0.93	DES

High negative correlations

IDU	- 0.51	DES
IDU	- 0.49	DTD
ICOW	- 0.45	IDU
IDU	- 0.44	DHS
HEDJ	- 0.43	IDU
IDU	- 0.4	FRDM

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	0.75	0.08	0.09	0.12	0.73	(0.84)	2.34	(1.60)	5.22
FRDM	0.86	0.30	0.20	7.27	0.95	(0.93)	1.92	(1.68)	5.40
DHS	0.53	0.10	0.13	0.55	0.31	(0.62)	1.43	(0.87)	2.35
PXH	0.58	0.09	0.06	0.74	0.68	(0.61)	1.44	(1.08)	3.02
DTD	0.44	0.05	0.02	0.41	0.46	(0.46)	0.94	(0.83)	2.78
IDU	0.59	(0.08)	0.00	(0.20)	0.00	0.00	1.14	(1.28)	3.62
HEDJ	0.60	0.03	0.03	0.08	0.83	(0.65)	1.08	(1.21)	4.63
EEMA	0.69	0.06	0.03	0.49	0.72	(0.71)	1.51	(1.25)	4.08
EWA	0.75	0.01	0.00	0.06	0.92	(0.78)	1.39	(1.59)	4.60
ICOW	0.56	0.10	0.09	0.23	0.71	(0.55)	1.32	(1.16)	3.33

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

2026 Macroaxis LLC