WisdomTree Bloomberg Correlations

USDU Etf

USD 25.62 0.01 0.04%

The current 90-days correlation between WisdomTree Bloomberg and Lottery is -0.08 (i.e., Good diversification). The correlation of WisdomTree Bloomberg 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 Bloomberg Correlation With Market

Excellent diversification

The correlation between WisdomTree Bloomberg Dollar and DJI is -0.65 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Bloomberg Dollar and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WisdomTree Etf

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in WisdomTree Bloomberg Dollar. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.

Moving together with WisdomTree Etf

0.94	UUP	Invesco DB Dollar	Pair Corr
0.9	EUO	ProShares UltraShort Euro	Pair Corr

Moving against WisdomTree Etf

0.97	UDN	Invesco DB Dollar	Pair Corr
0.81	DGP	DB Gold Double	Pair Corr
0.81	UGL	ProShares Ultra Gold	Pair Corr
0.73	CEFD	ETRACS Monthly Pay	Pair Corr
0.72	NUGT	Direxion Daily Gold	Pair Corr
0.67	DIG	ProShares Ultra Oil	Pair Corr
0.66	MLPR	ETRACS Quarterly Pay	Pair Corr
0.57	USD	ProShares Ultra Semi	Pair Corr
0.52	DFEN	Direxion Daily Aerospace	Pair Corr
0.8	MEXX	Direxion Daily MSCI	Pair Corr
0.78	DISV	Dimensional ETF Trust	Pair Corr
0.77	ESGD	iShares ESG Aware	Pair Corr
0.75	AUMI	Themes Gold Miners	Pair Corr
0.74	FEM	First Trust Emerging	Pair Corr
0.73	NAPR	Innovator Nasdaq 100	Pair Corr
0.72	STXV	EA Series Trust	Pair Corr
0.72	RSST	Return Stacked Stocks	Pair Corr
0.7	FTCS	First Trust Capital	Pair Corr
0.7	UAUG	Innovator Equity Ultra	Pair Corr
0.7	SPDV	AAM SP 500	Pair Corr
0.69	FNK	First Trust Mid	Pair Corr
0.67	DUSL	Direxion Daily Indus	Pair Corr
0.67	DAUG	FT Cboe Vest	Pair Corr
0.65	TAXT	Northern Trust Tax	Pair Corr
0.62	DXJ	WisdomTree Japan Hedged	Pair Corr
0.58	IGEB	iShares Edge Investment	Pair Corr
0.78	AVDS	Avantis International	Pair Corr
0.77	ILOW	AB Active ETFs	Pair Corr
0.77	EAFG	Pacer Funds Trust	Pair Corr
0.77	VYMI	Vanguard International	Pair Corr
0.76	CCNR	CoreCommodity Natural	Pair Corr
0.75	PID	Invesco International	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		-0.19	-0.24	0.32	0.11	-0.36	-0.02	0.33	0.25	0.29	META
MSFT	-0.19		0.83	-0.6	-0.83	0.78	0.9	0.22	-0.89	-0.94	MSFT
UBER	-0.24	0.83		-0.54	-0.72	0.84	0.71	0.07	-0.8	-0.82	UBER
F	0.32	-0.6	-0.54		0.29	-0.52	-0.39	0.15	0.75	0.66	F
T	0.11	-0.83	-0.72	0.29		-0.6	-0.83	-0.23	0.67	0.72	T
A	-0.36	0.78	0.84	-0.52	-0.6		0.63	0.09	-0.72	-0.83	A
CRM	-0.02	0.9	0.71	-0.39	-0.83	0.63		0.49	-0.75	-0.87	CRM
JPM	0.33	0.22	0.07	0.15	-0.23	0.09	0.49		0.04	-0.2	JPM
MRK	0.25	-0.89	-0.8	0.75	0.67	-0.72	-0.75	0.04		0.9	MRK
XOM	0.29	-0.94	-0.82	0.66	0.72	-0.83	-0.87	-0.2	0.9		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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

CRM	+ 0.9	MSFT
XOM	+ 0.9	MRK
A	+ 0.84	UBER
UBER	+ 0.83	MSFT
A	+ 0.78	MSFT
MRK	+ 0.75	F

High negative correlations

XOM	- 0.94	MSFT
MRK	- 0.89	MSFT
XOM	- 0.87	CRM
XOM	- 0.83	A
CRM	- 0.83	T
T	- 0.83	MSFT

WisdomTree Bloomberg Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree Bloomberg 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 Bloomberg'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
META	1.51	0.04	0.02	0.14	1.52	(1.74)	3.43	(2.81)	13.69
MSFT	1.31	(0.38)	0.00	(0.81)	0.00	0.00	1.90	(2.87)	13.28
UBER	1.61	(0.41)	0.00	(0.51)	0.00	0.00	2.46	(4.25)	11.09
F	1.28	0.06	0.05	0.15	1.17	(1.56)	3.61	(2.30)	7.50
T	1.03	0.18	0.07	(1.54)	0.92	(1.20)	3.87	(1.76)	7.44
A	1.26	(0.32)	0.00	(0.19)	0.00	0.00	2.90	(2.72)	7.85
CRM	1.74	(0.43)	0.00	(0.29)	0.00	0.00	3.22	(4.75)	12.37
JPM	1.24	(0.15)	(0.05)	0.00	1.80	(1.29)	2.34	(3.11)	8.17
MRK	1.23	0.33	0.22	0.56	0.99	(1.40)	2.81	(1.98)	8.74
XOM	1.31	0.35	0.18	3.10	1.14	(1.50)	2.90	(2.44)	6.83

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