WisdomTree Emerging Correlations

Etfs . Germany . 
Etf . WisdomTree Emerging Markets
WTEI Etf  EUR 15.41  0.06  0.39%   
The current 90-days correlation between WisdomTree Emerging and WisdomTree Global Ex USA is 0.35 (i.e., 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 0.78 (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.
  
The ability to find closely correlated positions to WisdomTree Emerging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WisdomTree Emerging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WisdomTree Emerging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WisdomTree Emerging Markets to buy it.

Moving together with WisdomTree Etf

  0.95IS3N iShares Core MSCIPairCorr
  0.95IBC3 iShares Core MSCIPairCorr
  0.95IQQE iShares MSCI EMPairCorr
  0.9VFEM Vanguard FTSE EmergingPairCorr
  0.9VFEA Vanguard FTSE EmergingPairCorr
  0.93UIMI UBS Fund SolutionsPairCorr
  0.92EUNZ iShares Edge MSCIPairCorr
  0.94EUNY iShares Emerging MarketPairCorr
  0.94QDVS iShares MSCI EMPairCorr
  0.95EDM2 Ishares Iv PlcPairCorr
  0.73LYBK Lyxor UCITS StoxxPairCorr
  0.68EXX1 iShares EURO STOXXPairCorr
  0.73EXX1 iShares EURO STOXXPairCorr
  0.72S7XE Invesco EURO STOXXPairCorr
  0.79EXV1 iShares STOXX EuropePairCorr
  0.76SC0U Invesco Markets plcPairCorr
  0.98AMEE Amundi ETF MSCIPairCorr
  0.84ETLX LG Gold MiningPairCorr
  0.81UBUD UBS ETF PublicPairCorr
  0.85ETLX LG Gold MiningPairCorr
  0.95DVDG Franklin Global QualityPairCorr
  0.77EL4T Deka Deutsche BrsePairCorr
  0.8GSXG Goldman Sachs GlobalPairCorr
  0.96DBX8 Xtrackers MSCIPairCorr
  0.87SLMB iShares IV PublicPairCorr
  0.71IUS2 iShares SP BanksPairCorr
  0.91CHSR UBSFund Solutions MSCIPairCorr
  0.87XESC Xtrackers EURO STOXXPairCorr
  0.76SPYY SSgA SPDR ETFsPairCorr
  0.93IUS4 iShares III PublicPairCorr
  0.95PRAM Amundi Prime EmergingPairCorr
  0.6836BZ iShares MSCI ChinaPairCorr
  0.71SPYC SSgA SPDR ETFsPairCorr
  0.92VALD BNP Paribas EasyPairCorr
  0.86DBXR Xtrackers IIPairCorr
  0.98T3MP JPMorgan ETFs ICAVPairCorr
  0.97VGEK Vanguard FTSE DevelopedPairCorr
  0.84XDEW Xtrackers PublicPairCorr
  0.77VGEA Vanguard EUR EurozonePairCorr

Related Correlations Analysis


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

DGXU
+ 0.93
WRNW
DGXU
+ 0.89
WTDY
VZLC
+ 0.88
WATT
WTDY
+ 0.86
WRNW
DGXU
+ 0.85
WATT
WRNW
+ 0.8
OD7F
  

High negative correlations

WCO2
- 0.6
OD7F
2CAR
- 0.6
OD7F
WTDY
- 0.57
WCO2
WRNW
- 0.5
2CAR
VZLC
- 0.46
2CAR
WTDY
- 0.44
2CAR

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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in WisdomTree Emerging without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Rebalancing Now

   

Portfolio Rebalancing

Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
All  Next Launch Module
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY