Correlation Between Schwab Fundamental and WisdomTree International
Can company-specific risk be reduced by holding Schwab Fundamental International and WisdomTree International Equity together? The view summarizes correlation to explain the diversifiable risk of holding Schwab Fundamental International and WisdomTree International Equity together.
Measure interaction between Schwab Fundamental International and WisdomTree International Equity before allocating capital to both in the same strategy. You can also test a long Schwab Fundamental and short WisdomTree International structure to evaluate relative-value behavior. Review volatility patterns in Schwab Fundamental and WisdomTree International. Go to your portfolio center
Diversification Opportunities for Schwab Fundamental and WisdomTree International
0.98 | Correlation Coefficient |
Almost no diversification
The 3 months correlation between Schwab and WisdomTree is 0.98. Overlapping area represents the amount of risk that can be diversified away by holding Schwab Fundamental Internation and WisdomTree International Equit in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on WisdomTree International and Schwab Fundamental 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 Schwab Fundamental International are associated (or correlated) with WisdomTree International. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of WisdomTree International has no effect on the direction of Schwab Fundamental i.e., Schwab Fundamental and WisdomTree International go up and down completely randomly.
Pair Corralation between Schwab Fundamental and WisdomTree International
Given the investment horizon of 90 days Schwab Fundamental International is expected to generate 1.16 times more return on investment than WisdomTree International. However, Schwab Fundamental is 1.16 times more volatile than WisdomTree International Equity. It trades about 0.13 of its potential returns per unit of risk. WisdomTree International Equity is currently generating about 0.06 per unit of risk. If you had invested $ 4,477 in Schwab Fundamental International on December 13, 2025 and sold it today you would have earned a total of $ 365.00 from holding Schwab Fundamental International or generated 8.15% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Very Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
Schwab Fundamental Internation vs. WisdomTree International Equit
Performance |
| Timeline |
| Schwab Fundamental |
Risk-Adjusted Performance
Balanced
Weak | Strong |
| WisdomTree International |
Risk-Adjusted Performance
Contained
Weak | Strong |
Schwab Fundamental and WisdomTree International Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Schwab Fundamental and WisdomTree International
Pair trading between Schwab Fundamental and WisdomTree International 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.| Schwab Fundamental vs. Schwab Fundamental Large | Schwab Fundamental vs. Avantis Small Cap | Schwab Fundamental vs. Schwab Small Cap ETF | Schwab Fundamental vs. First Trust Rising |
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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