WisdomTree Trust Correlations

GEOA Etf

34.95 0.16 0.46%

The current 90-days correlation between WisdomTree Trust and Defiance Daily Target is 0.16 (i.e., Average diversification). The correlation of WisdomTree Trust 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.

WisdomTree Trust Correlation With Market

Poor diversification

The correlation between WisdomTree Trust and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Trust and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WisdomTree Etf

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade WisdomTree Etf refer to our How to Trade WisdomTree Etf guide.

Moving together with WisdomTree Etf

0.93	ITDD	iShares Trust	Pair Corr
0.95	FLEU	Barclays ETN FI	Pair Corr
0.91	VLLU	Harbor ETF Trust	Pair Corr
0.82	SPTU	SPDR Series Trust	Pair Corr
0.93	FLHY	Franklin Liberty High	Pair Corr
0.81	UXJA	FT Vest Equity	Pair Corr
0.89	ILOW	AB Active ETFs	Pair Corr
0.91	FDVV	Fidelity High Dividend	Pair Corr
0.75	REMX	VanEck Rare EarthStr	Pair Corr
0.92	LCTD	BlackRock World ex	Pair Corr
0.66	BREM	iShares Emerging Markets	Pair Corr
0.83	SPYD	SPDR Portfolio SP	Pair Corr
0.89	NJNK	Columbia ETF Trust	Pair Corr
0.65	QQQ	Invesco QQQ Trust	Pair Corr
0.71	SPYU	MAX S P	Pair Corr
0.9	DFNM	Dimensional ETF Trust	Pair Corr
0.85	PEJ	Invesco Dynamic Leisure	Pair Corr
0.82	SPLG	SSgA Symbol Change	Pair Corr
0.9	CPSM	Calamos ETF Trust	Pair Corr
0.91	BUFM	AB Moderate Buffer	Pair Corr
0.92	TAXT	Northern Trust Tax	Pair Corr
0.93	SYLD	Cambria Shareholder Yield	Pair Corr
0.93	JHSC	John Hancock Multifactor	Pair Corr
0.78	PBDC	Putnam ETF Trust	Pair Corr
0.88	EWC	iShares MSCI Canada	Pair Corr
0.93	JEPI	JPMorgan Equity Premium	Pair Corr
0.83	TPHD	Timothy Plan High	Pair Corr
0.96	VXUS	Vanguard Total Inter	Pair Corr
0.95	HEEM	iShares Currency Hedged	Pair Corr
0.86	QQJG	Invesco ESG NASDAQ	Pair Corr
0.9	SQBFX	X Square Balanced	Pair Corr
0.96	VEA	Vanguard FTSE Developed	Pair Corr
0.75	VDE	Vanguard Energy Index	Pair Corr
0.93	JETU	Bank of Montreal	Pair Corr

Moving against WisdomTree Etf

0.59

MPAY

Exchange Traded Concepts

Pair Corr

Related Correlations Analysis

	ZYN	GLCR	CHRI	MEME	OOSB	SZK	FLYD	HFSP	AZYY	SMN
ZYN		-0.15	0.13	-0.64	-0.73	-0.11	-0.21	-0.79	-0.68	-0.14	ZYN
GLCR	-0.15		0.37	0.43	0.18	-0.69	-0.65	-0.01	-0.33	-0.73	GLCR
CHRI	0.13	0.37		-0.11	-0.04	-0.22	-0.77	-0.38	0.01	-0.64	CHRI
MEME	-0.64	0.43	-0.11		0.88	-0.19	0.17	0.79	0.4	0.02	MEME
OOSB	-0.73	0.18	-0.04	0.88		0.02	0.31	0.83	0.68	0.23	OOSB
SZK	-0.11	-0.69	-0.22	-0.19	0.02		0.47	0.2	0.53	0.7	SZK
FLYD	-0.21	-0.65	-0.77	0.17	0.31	0.47		0.54	0.38	0.86	FLYD
HFSP	-0.79	-0.01	-0.38	0.79	0.83	0.2	0.54		0.7	0.38	HFSP
AZYY	-0.68	-0.33	0.01	0.4	0.68	0.53	0.38	0.7		0.45	AZYY
SMN	-0.14	-0.73	-0.64	0.02	0.23	0.7	0.86	0.38	0.45		SMN
	ZYN	GLCR	CHRI	MEME	OOSB	SZK	FLYD	HFSP	AZYY	SMN

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

OOSB	+ 0.88	MEME
SMN	+ 0.86	FLYD
HFSP	+ 0.83	OOSB
HFSP	+ 0.79	MEME
SMN	+ 0.7	SZK
AZYY	+ 0.7	HFSP

High negative correlations

HFSP	- 0.79	ZYN
FLYD	- 0.77	CHRI
SMN	- 0.73	GLCR
OOSB	- 0.73	ZYN
SZK	- 0.69	GLCR
AZYY	- 0.68	ZYN

WisdomTree Trust Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree Trust 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 Trust'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
ZYN	2.38	(0.41)	0.00	(0.52)	0.00	0.00	5.04	(5.62)	12.94
GLCR	0.75	0.00	(0.05)	0.10	1.09	(0.78)	1.73	(1.39)	6.88
CHRI	0.54	(0.03)	(0.06)	0.06	0.70	(0.53)	1.04	(1.19)	3.26
MEME	3.55	(0.70)	0.00	(0.13)	0.00	0.00	8.55	(8.95)	20.71
OOSB	2.46	(0.43)	0.00	(0.10)	0.00	0.00	4.92	(5.12)	12.65
SZK	1.23	(0.12)	0.00	0.32	0.00	0.00	1.82	(2.74)	9.07
FLYD	3.14	0.05	0.00	0.09	0.00	0.00	7.95	(6.61)	20.43
HFSP	0.94	(0.16)	0.00	0.88	0.00	0.00	1.52	(2.93)	5.68
AZYY	1.06	(0.20)	0.00	(0.11)	0.00	0.00	2.02	(2.91)	6.76
SMN	1.54	(0.11)	0.00	0.15	0.00	0.00	2.98	(3.75)	8.37

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