WisdomTree Trust Correlations

AIVL Etf

USD 113.62 0.68 0.60%

The current 90-days correlation between WisdomTree Trust and JPMorgan Diversified Return is 0.91 (i.e., Almost no diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WisdomTree Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WisdomTree Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

WisdomTree Trust Correlation With Market

Very poor diversification

The correlation between WisdomTree Trust and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Trust and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WisdomTree Etf

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in WisdomTree Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy WisdomTree Etf please use our How to buy in WisdomTree Etf guide.

Moving together with WisdomTree Etf

0.78	SDY	SPDR SP Dividend	Pair Corr
0.74	IWS	iShares Russell Mid	Pair Corr
0.82	PKW	Invesco BuyBack Achievers	Pair Corr
0.79	ONEY	SPDR Russell 1000	Pair Corr

Related Correlations Analysis

	JPUS	TBFG	SMOT	GQRE	USMF	JPME	EWQ	MFDX	SEIQ	SIXP
JPUS		0.59	0.67	0.81	0.62	0.95	0.36	0.68	0.85	0.53	JPUS
TBFG	0.59		0.03	0.23	-0.12	0.39	0.74	0.84	0.71	0.95	TBFG
SMOT	0.67	0.03		0.79	0.67	0.81	0.03	0.27	0.53	-0.04	SMOT
GQRE	0.81	0.23	0.79		0.7	0.85	0.18	0.49	0.6	0.15	GQRE
USMF	0.62	-0.12	0.67	0.7		0.72	-0.25	0.03	0.46	-0.15	USMF
JPME	0.95	0.39	0.81	0.85	0.72		0.15	0.55	0.73	0.34	JPME
EWQ	0.36	0.74	0.03	0.18	-0.25	0.15		0.68	0.59	0.68	EWQ
MFDX	0.68	0.84	0.27	0.49	0.03	0.55	0.68		0.7	0.74	MFDX
SEIQ	0.85	0.71	0.53	0.6	0.46	0.73	0.59	0.7		0.65	SEIQ
SIXP	0.53	0.95	-0.04	0.15	-0.15	0.34	0.68	0.74	0.65		SIXP
	JPUS	TBFG	SMOT	GQRE	USMF	JPME	EWQ	MFDX	SEIQ	SIXP

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

JPME	+ 0.95	JPUS
SIXP	+ 0.95	TBFG
SEIQ	+ 0.85	JPUS
JPME	+ 0.85	GQRE
MFDX	+ 0.84	TBFG
GQRE	+ 0.81	JPUS

High negative correlations

EWQ	- 0.25	USMF
SIXP	- 0.15	USMF
USMF	- 0.12	TBFG
SIXP	- 0.04	SMOT

WisdomTree Trust Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree Trust 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 Trust'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
JPUS	0.47	(0.04)	(0.12)	0.07	0.44	(0.55)	1.20	(0.82)	3.16
TBFG	0.37	0.01	(0.05)	0.15	0.30	(0.40)	0.92	(0.50)	3.06
SMOT	0.70	(0.10)	(0.09)	0.04	0.75	(0.80)	1.66	(1.21)	5.36
GQRE	0.51	(0.03)	(0.11)	0.07	0.61	(0.54)	1.06	(1.16)	3.67
USMF	0.47	(0.08)	(0.17)	0.02	0.60	(0.45)	0.95	(0.88)	2.91
JPME	0.57	(0.06)	(0.09)	0.06	0.59	(0.70)	1.39	(0.99)	4.52
EWQ	0.72	0.06	(0.08)	(0.64)	0.84	(0.75)	1.45	(1.09)	4.21
MFDX	0.49	(0.01)	(0.07)	0.11	0.51	(0.52)	0.92	(1.02)	2.88
SEIQ	0.45	(0.06)	(0.15)	0.05	0.51	(0.48)	1.01	(0.87)	2.91
SIXP	0.21	0.06	(0.21)	(1.47)	0.15	(0.23)	0.62	(0.33)	1.87

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

2025 Macroaxis LLC