Correlation Between WisdomTree SmallCap and Invesco SAMPP
Is diversification improved when WisdomTree SmallCap Dividend and Invesco SAMPP SmallCap appear in the same portfolio? This page shows how WisdomTree SmallCap Dividend and Invesco SAMPP SmallCap interact and how much diversifiable risk remains.
Review WisdomTree SmallCap Dividend against Invesco SAMPP SmallCap to separate temporary co-movement from persistent structural correlation. You can also test a long WisdomTree SmallCap and short Invesco SAMPP structure to evaluate relative-value behavior. Review volatility patterns in WisdomTree SmallCap and Invesco SAMPP. Go to your portfolio center
Diversification Opportunities for WisdomTree SmallCap and Invesco SAMPP
0.88 | Correlation Coefficient |
Very poor diversification
The 3 months correlation between WisdomTree and Invesco is 0.88. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree SmallCap Dividend and Invesco SAMPP SmallCap in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Invesco SAMPP SmallCap and WisdomTree SmallCap is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on WisdomTree SmallCap Dividend are associated (or correlated) with Invesco SAMPP. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Invesco SAMPP SmallCap has no effect on the direction of WisdomTree SmallCap i.e., WisdomTree SmallCap and Invesco SAMPP go up and down completely randomly.
Pair Corralation between WisdomTree SmallCap and Invesco SAMPP
Considering the 90-day investment horizon WisdomTree SmallCap Dividend is expected to generate 1.26 times more return on investment than Invesco SAMPP. However, WisdomTree SmallCap is 1.26 times more volatile than Invesco SAMPP SmallCap. It trades about 0.06 of its potential returns per unit of risk. Invesco SAMPP SmallCap is currently generating about 0.03 per unit of risk. If you had invested $ 3,391 in WisdomTree SmallCap Dividend on December 19, 2025 and sold it today you would have earned a total of $ 127.00 from holding WisdomTree SmallCap Dividend or generated 3.75% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
WisdomTree SmallCap Dividend vs. Invesco SAMPP SmallCap
Performance |
| Timeline |
| WisdomTree SmallCap |
Risk-Adjusted Performance
Mild
Weak | Strong |
| Invesco SAMPP SmallCap |
Risk-Adjusted Performance
Weak
Weak | Strong |
WisdomTree SmallCap and Invesco SAMPP Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with WisdomTree SmallCap and Invesco SAMPP
Pair trading between WisdomTree SmallCap and Invesco SAMPP can reduce some unsystematic risk by balancing one position against another. Used correctly, the structure can help offset losses in one leg when unexpected sector or market pressure hits both names.| WisdomTree SmallCap vs. WisdomTree Emerging Markets | WisdomTree SmallCap vs. WisdomTree Europe Hedged | WisdomTree SmallCap vs. iShares Global Energy | WisdomTree SmallCap vs. iShares Financial Services |
| Invesco SAMPP vs. Invesco SAMPP 500 | Invesco SAMPP vs. First Trust United | Invesco SAMPP vs. AAM SAMPP 500 | Invesco SAMPP vs. Franklin FTSE Mexico |
Go to your portfolio centerThe analysis presented here should support, not replace, the broader process of selecting and combining portfolio holdings. The practical goal is to improve the mix of assets already under consideration. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Complementary Tools
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Holdings Check your current holdings and cash position to determine if your portfolio needs rebalancing | |
| Stocks Directory Find actively traded stocks across global markets |