Correlation Between WisdomTree Europe and Innovator MSCI
Can company-specific risk be reduced by holding WisdomTree Europe SmallCap and Innovator MSCI Emerging together? Use this page to interpret how WisdomTree Europe SmallCap and Innovator MSCI Emerging interact and how much diversifiable risk remains.
This screen helps map correlation drift between WisdomTree Europe SmallCap and Innovator MSCI Emerging over time, not just at one snapshot. You can also test a long WisdomTree Europe and short Innovator MSCI structure to evaluate relative-value behavior. Review volatility patterns in WisdomTree Europe and Innovator MSCI. Go to your portfolio center
Diversification Opportunities for WisdomTree Europe and Innovator MSCI
0.95 | Correlation Coefficient |
Almost no diversification
The 3 months correlation between WisdomTree and Innovator is 0.95. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Europe SmallCap and Innovator MSCI Emerging in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Innovator MSCI Emerging and WisdomTree Europe 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 Europe SmallCap are associated (or correlated) with Innovator MSCI. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Innovator MSCI Emerging has no effect on the direction of WisdomTree Europe i.e., WisdomTree Europe and Innovator MSCI go up and down completely randomly.
Pair Corralation between WisdomTree Europe and Innovator MSCI
Considering the 90-day investment horizon WisdomTree Europe SmallCap is expected to generate 2.57 times more return on investment than Innovator MSCI. However, WisdomTree Europe is 2.57 times more volatile than Innovator MSCI Emerging. It trades about 0.1 of its potential returns per unit of risk. Innovator MSCI Emerging is currently generating about 0.11 per unit of risk. If you had invested $ 7,001 in WisdomTree Europe SmallCap on December 11, 2025 and sold it today you would have earned a total of $ 362.00 from holding WisdomTree Europe SmallCap or generated 5.17% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Very Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
WisdomTree Europe SmallCap vs. Innovator MSCI Emerging
Performance |
| Timeline |
| WisdomTree Europe |
Risk-Adjusted Performance
Moderate
Weak | Strong |
| Innovator MSCI Emerging |
Risk-Adjusted Performance
Moderate
Weak | Strong |
WisdomTree Europe and Innovator MSCI Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with WisdomTree Europe and Innovator MSCI
A paired position in WisdomTree Europe and Innovator MSCI is useful when investors want a more relative-value expression than a simple directional trade. The stronger process checks whether the correlation is stable enough to justify the hedge logic before the trade is sized.| WisdomTree Europe vs. WisdomTree International MidCap | WisdomTree Europe vs. iShares MSCI Turkey | WisdomTree Europe vs. iShares Currency Hedged | WisdomTree Europe vs. iShares MSCI Japan |
| Innovator MSCI vs. Innovator Russell 2000 | Innovator MSCI vs. Innovator SAMPP 500 | Innovator MSCI vs. Innovator MSCI EAFE | Innovator MSCI vs. Innovator ETFs Trust |
Go to your portfolio centerThe information on this page should be treated as a complementary input when building or adjusting a diversified portfolio. The stronger workflow is to validate these signals with other models before acting. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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