WisdomTree SmallCap Correlations

DGRS Etf

USD 49.43 0.02 0.04%

The current 90-days correlation between WisdomTree SmallCap and WisdomTree Emerging Markets is -0.02 (i.e., Good diversification). The correlation of WisdomTree SmallCap 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 SmallCap Correlation With Market

Good diversification

The correlation between WisdomTree SmallCap Quality and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree SmallCap Quality and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WisdomTree Etf

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

Moving together with WisdomTree Etf

0.91	VBR	Vanguard Small Cap	Pair Corr
0.98	IWN	iShares Russell 2000	Pair Corr
0.88	IJJ	iShares SP Mid	Pair Corr
0.91	DFAT	Dimensional Targeted	Pair Corr
0.91	IJS	iShares SP Small	Pair Corr
0.99	SLYV	SPDR SP 600	Pair Corr
0.91	AVUV	Avantis Small Cap	Pair Corr
0.89	DES	WisdomTree SmallCap	Pair Corr
0.88	MDYV	SPDR SP 400	Pair Corr
0.89	CALF	Pacer Small Cap Low Volatility	Pair Corr
0.66	PMBS	PIMCO Mortgage Backed	Pair Corr
0.84	SIXD	AIM ETF Products	Pair Corr
0.82	PFFL	ETRACS 2xMonthly Pay	Pair Corr
0.82	CEFD	ETRACS Monthly Pay	Pair Corr
0.85	BA	Boeing	Pair Corr
0.81	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.78	MRK	Merck Company Aggressive Push	Pair Corr
0.7	JNJ	Johnson Johnson	Pair Corr
0.61	INTC	Intel Upward Rally	Pair Corr
0.64	GE	GE Aerospace	Pair Corr
0.81	AA	Alcoa Corp	Pair Corr
0.82	CVX	Chevron Corp	Pair Corr
0.64	MMM	3M Company	Pair Corr
0.73	MSFT	Microsoft	Pair Corr

Moving against WisdomTree Etf

0.84	VIXY	ProShares VIX Short	Pair Corr
0.84	VXX	iPath Series B	Pair Corr
0.76	YCL	ProShares Ultra Yen	Pair Corr

Related Correlations Analysis

	DGRE	AGZD	DXJS	HYZD	DGRW
DGRE		0.78	0.85	0.93	0.95	DGRE
AGZD	0.78		0.73	0.87	0.85	AGZD
DXJS	0.85	0.73		0.88	0.87	DXJS
HYZD	0.93	0.87	0.88		0.95	HYZD
DGRW	0.95	0.85	0.87	0.95		DGRW
	DGRE	AGZD	DXJS	HYZD	DGRW

WisdomTree SmallCap Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree SmallCap 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 SmallCap'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
DGRE	0.56	0.04	(0.02)	0.18	0.69	(0.55)	1.16	(1.32)	3.61
AGZD	0.16	0.01	(0.28)	(0.19)	0.16	(0.20)	0.63	(0.36)	1.49
DXJS	1.01	0.02	0.00	0.11	1.46	(1.07)	2.38	(1.86)	7.72
HYZD	0.15	0.03	(0.20)	0.35	0.00	(0.17)	0.32	(0.32)	1.09
DGRW	0.47	0.04	0.05	0.14	0.33	(0.55)	0.99	(0.75)	2.81

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