WisdomTree Emerging Correlations

NTSE Etf

USD 41.35 0.16 0.39%

The current 90-days correlation between WisdomTree Emerging and RiverNorth Active Income is 0.53 (i.e., Very weak 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.

WisdomTree Emerging Correlation With Market

Poor diversification

The correlation between WisdomTree Emerging Markets and DJI is 0.75 (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 Correlation Analysis 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 main economic indicators.

Moving together with WisdomTree Etf

0.89	NTSI	WisdomTree International	Pair Corr
0.83	GDMN	WisdomTree Efficient Gold	Pair Corr
0.87	GDE	WisdomTree Efficient Gold	Pair Corr
0.78	CPST	Calamos ETF Trust	Pair Corr
0.88	ITDD	iShares Trust	Pair Corr
0.93	HAUZ	Xtrackers International	Pair Corr
0.81	DXJ	WisdomTree Japan Hedged	Pair Corr
0.78	CPSN	Calamos ETF Trust	Pair Corr
0.78	STXK	EA Series Trust	Pair Corr
0.76	BUXX	EA Series Trust	Pair Corr
0.85	IDMO	Invesco SP International	Pair Corr
0.71	BHYB	Xtrackers USD High	Pair Corr
0.82	CTEX	ProShares SP Kensho	Pair Corr
0.9	XES	SPDR SP Oil	Pair Corr
0.87	AVMU	Avantis Core Municipal	Pair Corr
0.7	XTN	SPDR SP Transportation	Pair Corr
0.71	CCFE	Concourse Capital Focused	Pair Corr
0.68	BKLC	BNY Mellon Large	Pair Corr
0.84	AWEG	Fred Alger Management	Pair Corr
0.77	XAPR	FT Cboe Vest	Pair Corr
0.92	FVC	First Trust Dorsey	Pair Corr
0.82	IYJ	iShares Industrials ETF Low Volatility	Pair Corr
0.73	DIVB	iShares Dividend Low Volatility	Pair Corr
0.76	BAMU	Brookstone Ultra Short	Pair Corr
0.76	EQWL	Invesco SP 100	Pair Corr
0.83	DRES	2023 ETF	Pair Corr
0.9	TOUS	T Rowe Price	Pair Corr
0.9	BCD	abrdn Bloomberg All	Pair Corr
0.76	AGZD	WisdomTree Interest Rate	Pair Corr
0.79	SIXD	AIM ETF Products	Pair Corr
0.99	EEMA	iShares MSCI Emerging	Pair Corr
0.78	JULW	AIM ETF Products	Pair Corr

Moving against WisdomTree Etf

0.59

MPAY

Exchange Traded Concepts

Pair Corr

Related Correlations Analysis

	COPP	HOMZ	PSCC	KEMQ	LDEM	NIXT	XUDV	ZIG	MEMX	CEFZ
COPP		0.81	0.69	0.75	0.87	0.86	0.96	0.88	0.96	0.92	COPP
HOMZ	0.81		0.64	0.58	0.69	0.86	0.88	0.86	0.73	0.89	HOMZ
PSCC	0.69	0.64		0.58	0.72	0.6	0.74	0.73	0.68	0.65	PSCC
KEMQ	0.75	0.58	0.58		0.95	0.56	0.68	0.57	0.86	0.72	KEMQ
LDEM	0.87	0.69	0.72	0.95		0.68	0.82	0.72	0.94	0.82	LDEM
NIXT	0.86	0.86	0.6	0.56	0.68		0.93	0.91	0.76	0.92	NIXT
XUDV	0.96	0.88	0.74	0.68	0.82	0.93		0.93	0.89	0.95	XUDV
ZIG	0.88	0.86	0.73	0.57	0.72	0.91	0.93		0.79	0.9	ZIG
MEMX	0.96	0.73	0.68	0.86	0.94	0.76	0.89	0.79		0.87	MEMX
CEFZ	0.92	0.89	0.65	0.72	0.82	0.92	0.95	0.9	0.87		CEFZ
	COPP	HOMZ	PSCC	KEMQ	LDEM	NIXT	XUDV	ZIG	MEMX	CEFZ

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

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
COPP	2.00	0.55	0.22	0.42	2.37	(2.35)	4.53	(2.81)	14.20
HOMZ	0.80	0.05	0.06	0.09	0.76	(1.01)	2.61	(1.31)	5.85
PSCC	0.73	0.08	0.08	0.19	0.66	(0.84)	1.70	(1.10)	3.80
KEMQ	1.09	(0.03)	(0.03)	0.01	1.26	(1.18)	2.75	(2.18)	6.49
LDEM	0.61	0.03	0.02	0.10	0.79	(0.61)	1.45	(1.38)	4.61
NIXT	0.98	0.02	0.03	0.06	1.05	(1.10)	2.57	(1.76)	5.62
XUDV	0.64	0.10	0.12	0.18	0.54	(0.73)	1.32	(1.12)	3.23
ZIG	0.86	0.08	0.06	0.31	0.80	(1.08)	2.63	(1.66)	5.11
MEMX	0.72	0.24	0.21	3.07	0.71	(0.84)	2.06	(1.46)	3.89
CEFZ	0.47	0.01	(0.01)	0.07	0.62	(0.52)	1.16	(1.25)	3.93

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