Wilshire International Correlations

WLTTX Fund

USD 11.45 0.10 0.88%

The current 90-days correlation between Wilshire International and Siit Ultra Short is -0.04 (i.e., Good diversification). The correlation of Wilshire 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.

Wilshire International Correlation With Market

Weak diversification

The correlation between Wilshire International Equity and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wilshire International Equity and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilshire International Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Wilshire Mutual Fund

0.95	VGTSX	Vanguard Total Inter	Pair Corr
0.95	VTIAX	Vanguard Total Inter	Pair Corr
0.9	VTSNX	Vanguard Total Inter	Pair Corr
0.9	VTPSX	Vanguard Total Inter	Pair Corr
0.9	VTISX	Vanguard Total Inter	Pair Corr
0.82	VTMGX	Vanguard Developed	Pair Corr
0.81	VDVIX	Vanguard Developed	Pair Corr
0.82	VTMNX	Vanguard Developed	Pair Corr
0.82	VDIPX	Vanguard Developed	Pair Corr
0.92	FSPSX	Fidelity International	Pair Corr
0.66	GAAKX	Gmo Alternative Allo	Pair Corr
0.65	GAAGX	Gmo Alternative Allo	Pair Corr
0.68	WARCX	Wells Fargo Advantage	Pair Corr
0.79	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.71	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.62	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.65	PFE	Pfizer Inc Aggressive Push	Pair Corr

Moving against Wilshire Mutual Fund

0.62	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.56	BAC	Bank of America Aggressive Push	Pair Corr
0.39	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.38	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Related Correlations Analysis

	SUSAX	ASTIX	GTLSX	AOUNX	RUSIX	OWSBX
SUSAX		0.72	0.62	0.95	0.95	0.0	SUSAX
ASTIX	0.72		0.81	0.74	0.79	-0.3	ASTIX
GTLSX	0.62	0.81		0.56	0.68	-0.38	GTLSX
AOUNX	0.95	0.74	0.56		0.98	-0.04	AOUNX
RUSIX	0.95	0.79	0.68	0.98		-0.17	RUSIX
OWSBX	0.0	-0.3	-0.38	-0.04	-0.17		OWSBX
	SUSAX	ASTIX	GTLSX	AOUNX	RUSIX	OWSBX

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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

RUSIX	+ 0.98	AOUNX
AOUNX	+ 0.95	SUSAX
RUSIX	+ 0.95	SUSAX
GTLSX	+ 0.81	ASTIX
RUSIX	+ 0.79	ASTIX
AOUNX	+ 0.74	ASTIX

High negative correlations

OWSBX	- 0.38	GTLSX
OWSBX	- 0.3	ASTIX
OWSBX	- 0.17	RUSIX
OWSBX	- 0.04	AOUNX
OWSBX	- 0.0	SUSAX

Risk-Adjusted Indicators

There is a big difference between Wilshire Mutual Fund performing well and Wilshire International Mutual Fund 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 Wilshire 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
SUSAX	0.06	0.01	(1.07)	(0.62)	0.00	(0.15)	0.10	(0.10)	0.51
ASTIX	0.28	0.05	(0.17)	1.68	0.26	(0.32)	0.57	(0.64)	1.79
GTLSX	0.31	0.01	(0.17)	0.15	0.22	(0.36)	0.71	(0.50)	2.57
AOUNX	0.05	0.01	(1.01)	(0.55)	0.00	(0.22)	0.10	(0.10)	0.61
RUSIX	0.04	0.01	0.00	(1.06)	0.00	0.00	0.10	0.00	0.50
OWSBX	0.08	0.00	(0.96)	0.21	0.05	(0.12)	0.20	(0.10)	0.49

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