WisdomTree International Correlations

IHDG Etf

USD 49.79 0.14 0.28%

The current 90-days correlation between WisdomTree International and WisdomTree Emerging Markets is 0.75 (i.e., Poor 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.

WisdomTree International Correlation With Market

Very poor diversification

The correlation between WisdomTree International Hedge and DJI is 0.84 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree International Hedge 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 International Hedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with WisdomTree Etf

0.88	VIGI	Vanguard International	Pair Corr
0.75	GRIN	VictoryShares International	Pair Corr
0.7	CGXU	Capital Group Intern	Pair Corr
0.76	DNL	WisdomTree Global	Pair Corr
0.96	IQDG	WisdomTree International	Pair Corr
0.89	PIZ	Invesco DWA Developed	Pair Corr
0.93	IDHQ	Invesco SP International	Pair Corr
0.91	ITDD	iShares Trust	Pair Corr
0.77	AMPD	Tidal ETF Services	Pair Corr
0.94	CPST	Calamos ETF Trust	Pair Corr
0.74	ITWO	Proshares Russell 2000	Pair Corr
0.92	DDFO	Innovator Equity Dual	Pair Corr
0.88	CALI	iShares Short Term	Pair Corr
0.87	AGQ	ProShares Ultra Silver	Pair Corr
0.93	PJFM	PGIM ETF Trust	Pair Corr
0.9	CPSL	Calamos Laddered	Pair Corr

Related Correlations Analysis

	XSOE	SMLF	SILJ	MDYV	MDYG	FALAX	DCOR	FXO	IEV	SNPE
XSOE		0.59	0.32	0.44	0.65	-0.17	0.64	0.34	0.63	0.66	XSOE
SMLF	0.59		0.75	0.94	0.98	-0.66	0.92	0.81	0.83	0.79	SMLF
SILJ	0.32	0.75		0.86	0.77	-0.71	0.73	0.85	0.87	0.63	SILJ
MDYV	0.44	0.94	0.86		0.94	-0.74	0.9	0.92	0.89	0.78	MDYV
MDYG	0.65	0.98	0.77	0.94		-0.62	0.95	0.84	0.88	0.85	MDYG
FALAX	-0.17	-0.66	-0.71	-0.74	-0.62		-0.62	-0.67	-0.64	-0.52	FALAX
DCOR	0.64	0.92	0.73	0.9	0.95	-0.62		0.85	0.88	0.96	DCOR
FXO	0.34	0.81	0.85	0.92	0.84	-0.67	0.85		0.88	0.77	FXO
IEV	0.63	0.83	0.87	0.89	0.88	-0.64	0.88	0.88		0.83	IEV
SNPE	0.66	0.79	0.63	0.78	0.85	-0.52	0.96	0.77	0.83		SNPE
	XSOE	SMLF	SILJ	MDYV	MDYG	FALAX	DCOR	FXO	IEV	SNPE

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

MDYG	+ 0.98	SMLF
SNPE	+ 0.96	DCOR
DCOR	+ 0.95	MDYG
MDYV	+ 0.94	SMLF
MDYG	+ 0.94	MDYV
DCOR	+ 0.92	SMLF

High negative correlations

FALAX	- 0.74	MDYV
FALAX	- 0.71	SILJ
FXO	- 0.67	FALAX
FALAX	- 0.66	SMLF
IEV	- 0.64	FALAX
DCOR	- 0.62	FALAX

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	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
XSOE	0.73	0.03	0.02	0.09	0.90	(0.80)	1.51	(1.29)	4.84
SMLF	0.93	(0.03)	(0.01)	0.04	1.19	(0.91)	1.85	(1.93)	4.68
SILJ	2.65	0.36	0.12	0.27	3.19	(3.03)	6.14	(5.64)	17.75
MDYV	0.77	(0.02)	(0.02)	0.04	0.94	(0.78)	1.83	(1.33)	3.88
MDYG	0.86	(0.01)	0.00	0.06	1.02	(0.89)	1.79	(1.72)	4.29
FALAX	0.41	(0.01)	0.00	0.16	0.00	0.00	1.14	(1.36)	3.50
DCOR	0.61	(0.01)	(0.02)	0.05	0.83	(0.60)	1.27	(1.27)	3.14
FXO	0.79	(0.02)	(0.01)	0.05	1.13	(0.81)	1.65	(1.61)	5.25
IEV	0.61	0.03	0.02	0.10	0.58	(0.68)	1.29	(1.12)	2.64
SNPE	0.55	0.01	0.00	0.08	0.74	(0.55)	1.21	(1.02)	3.14

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