WisdomTree International Correlations

DLS Etf

USD 63.74 0.02 0.03%

The current 90-days correlation between WisdomTree International and WisdomTree International MidCap is 0.94 (i.e., Almost no diversification). The correlation of WisdomTree International 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 International Correlation With Market

Good diversification

The correlation between WisdomTree International Small and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree International Small and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with WisdomTree Etf

0.99	FNDC	Schwab Fundamental	Pair Corr
0.95	AVDV	Avantis International	Pair Corr
0.99	PDN	Invesco FTSE RAFI	Pair Corr
0.97	DISV	Dimensional ETF Trust	Pair Corr
0.98	DIM	WisdomTree International	Pair Corr
0.97	DDLS	WisdomTree Dynamic	Pair Corr
0.72	GVAL	Cambria Global Value	Pair Corr
0.72	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.67	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.81	KO	Coca Cola Aggressive Push	Pair Corr

Moving against WisdomTree Etf

0.75	MSTY	YieldMax MSTR Option	Pair Corr
0.73	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.73	BTC	Grayscale Bitcoin Mini	Pair Corr
0.63	DISO	Tidal Trust II	Pair Corr
0.59	FNGU	MicroSectors FANG Index Sell-off Trend	Pair Corr
0.59	FNGO	MicroSectors FANG Index	Pair Corr
0.59	FNGS	MicroSectors FANG ETN	Pair Corr
0.43	SPY	SPDR SP 500	Pair Corr
0.42	QLD	ProShares Ultra QQQ	Pair Corr
0.39	USD	ProShares Ultra Semi Potential Growth	Pair Corr
0.38	DIVG	Invesco Exchange Traded	Pair Corr
0.31	ROM	ProShares Ultra Tech	Pair Corr
0.7	BAC	Bank of America Aggressive Push	Pair Corr
0.56	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.54	DIS	Walt Disney Aggressive Push	Pair Corr
0.53	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.44	DIVB	iShares Dividend	Pair Corr
0.41	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.37	T	ATT Inc Aggressive Push	Pair Corr
0.35	HPQ	HP Inc	Pair Corr

Related Correlations Analysis

	DIM	DGS	DFE	DTH	DWM
DIM		0.94	0.95	0.98	0.98	DIM
DGS	0.94		0.86	0.91	0.92	DGS
DFE	0.95	0.86		0.97	0.97	DFE
DTH	0.98	0.91	0.97		0.98	DTH
DWM	0.98	0.92	0.97	0.98		DWM
	DIM	DGS	DFE	DTH	DWM

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WisdomTree International Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree International 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 International'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
DIM	0.60	(0.06)	0.69	1.11	(1.57)	3.66
DGS	0.62	(0.07)	(5.14)	1.42	(1.34)	4.12
DFE	0.75	(0.16)	1.82	1.22	(1.66)	4.73
DTH	0.63	(0.08)	0.84	0.99	(1.48)	3.89
DWM	0.61	(0.08)	1.55	1.34	(1.54)	3.60

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