WisdomTree Inflation Correlations

WTIP Etf

35.33 0.21 0.60%

The correlation of WisdomTree Inflation 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 Inflation Correlation With Market

Poor diversification

The correlation between WisdomTree Inflation Plus and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Inflation Plus and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WisdomTree Etf

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree Inflation Plus. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with WisdomTree Etf

0.79	PDBC	Invesco Optimum Yield	Pair Corr
0.74	FTGC	First Trust Global	Pair Corr
0.78	DBC	Invesco DB Commodity	Pair Corr
0.65	COMT	iShares GSCI Commodity	Pair Corr
0.62	GSG	iShares SP GSCI	Pair Corr
0.82	DJP	iPath Bloomberg Commodity	Pair Corr
0.83	BCI	abrdn Bloomberg All	Pair Corr
0.82	CMDY	iShares Bloomberg Roll	Pair Corr
0.83	COMB	GraniteShares Bloomberg	Pair Corr
0.91	GCC	WisdomTree Continuous	Pair Corr
0.64	GDXU	MicroSectors Gold Miners Trending	Pair Corr
0.61	MUU	Direxion Daily MU Upward Rally	Pair Corr
0.66	AGQ	ProShares Ultra Silver Trending	Pair Corr
0.61	MULL	GraniteShares 2x Long Upward Rally	Pair Corr
0.66	JNUG	Direxion Daily Junior	Pair Corr
0.64	NUGT	Direxion Daily Gold	Pair Corr
0.63	SHNY	Microsectors Gold Trending	Pair Corr
0.63	GDMN	WisdomTree Efficient Gold Low Volatility	Pair Corr
0.68	SLVR	Sprott Silver Miners	Pair Corr
0.63	EIPX	First Trust Exchange	Pair Corr
0.7	AA	Alcoa Corp	Pair Corr

Moving against WisdomTree Etf

0.52	T	ATT Inc Earnings Call This Week	Pair Corr
0.35	VZ	Verizon Communications Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.48	0.15	0.01	-0.05	-0.18	0.46	0.05	-0.14	-0.11	META
MSFT	0.48		0.76	-0.49	0.48	0.27	0.34	-0.15	-0.83	-0.65	MSFT
UBER	0.15	0.76		-0.45	0.42	0.5	0.05	-0.27	-0.8	-0.52	UBER
F	0.01	-0.49	-0.45		-0.59	-0.21	0.09	0.46	0.66	0.6	F
T	-0.05	0.48	0.42	-0.59		0.62	-0.15	-0.25	-0.46	-0.64	T
A	-0.18	0.27	0.5	-0.21	0.62		-0.2	-0.12	-0.31	-0.5	A
CRM	0.46	0.34	0.05	0.09	-0.15	-0.2		0.65	-0.11	-0.4	CRM
JPM	0.05	-0.15	-0.27	0.46	-0.25	-0.12	0.65		0.36	-0.05	JPM
MRK	-0.14	-0.83	-0.8	0.66	-0.46	-0.31	-0.11	0.36		0.7	MRK
XOM	-0.11	-0.65	-0.52	0.6	-0.64	-0.5	-0.4	-0.05	0.7		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

UBER	+ 0.76	MSFT
XOM	+ 0.7	MRK
MRK	+ 0.66	F
JPM	+ 0.65	CRM
A	+ 0.62	T
XOM	+ 0.6	F

High negative correlations

MRK	- 0.83	MSFT
MRK	- 0.8	UBER
XOM	- 0.65	MSFT
XOM	- 0.64	T
T	- 0.59	F
XOM	- 0.52	UBER

WisdomTree Inflation Competition Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree Inflation 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 Inflation'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	1.45	(0.19)	0.00	(0.12)	0.00	0.00	3.16	(2.67)	13.02
MSFT	1.07	(0.13)	0.00	(0.42)	0.00	0.00	1.85	(2.50)	4.90
UBER	1.43	(0.29)	0.00	(0.33)	0.00	0.00	2.50	(3.82)	10.23
F	1.47	0.12	0.09	0.15	1.32	(1.82)	3.65	(2.35)	16.30
T	0.88	(0.04)	0.00	(0.05)	0.00	0.00	1.63	(1.85)	4.30
A	1.20	(0.23)	0.00	(0.11)	0.00	0.00	2.90	(2.58)	7.85
CRM	1.43	(0.22)	0.00	(0.15)	0.00	0.00	2.94	(3.10)	12.37
JPM	1.11	(0.05)	(0.01)	0.03	1.66	(1.09)	2.00	(3.11)	7.38
MRK	1.24	0.28	0.19	0.46	1.14	(1.50)	3.59	(1.98)	8.09
XOM	1.06	0.27	0.17	4.39	0.96	(1.23)	2.38	(1.51)	5.82

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