Correlation Between SPDR SAMPP and WisdomTree SmallCap
Does pairing SPDR SAMPP Global with WisdomTree SmallCap Earnings lower idiosyncratic risk? This module highlights the diversifiable risk of combining SPDR SAMPP Global and WisdomTree SmallCap Earnings and frames portfolio overlap.
Study SPDR SAMPP Global and WisdomTree SmallCap Earnings side by side to support cleaner diversification and timing decisions. You can also test a long SPDR SAMPP and short WisdomTree SmallCap structure to evaluate relative-value behavior. Review volatility patterns in SPDR SAMPP and WisdomTree SmallCap. Go to your portfolio center
Diversification Opportunities for SPDR SAMPP and WisdomTree SmallCap
0.7 | Correlation Coefficient |
Poor diversification
The 3 months correlation between SPDR and WisdomTree is 0.7. Overlapping area represents the amount of risk that can be diversified away by holding SPDR SAMPP Global and WisdomTree SmallCap Earnings in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on WisdomTree SmallCap and SPDR SAMPP 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 SPDR SAMPP Global are associated (or correlated) with WisdomTree SmallCap. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of WisdomTree SmallCap has no effect on the direction of SPDR SAMPP i.e., SPDR SAMPP and WisdomTree SmallCap go up and down completely randomly.
Pair Corralation between SPDR SAMPP and WisdomTree SmallCap
Considering the 90-day investment horizon SPDR SAMPP Global is expected to generate 0.62 times more return on investment than WisdomTree SmallCap. However, SPDR SAMPP Global is 1.6 times less risky than WisdomTree SmallCap. It trades about 0.21 of its potential returns per unit of risk. WisdomTree SmallCap Earnings is currently generating about -0.02 per unit of risk. If you had invested $ 6,965 in SPDR SAMPP Global on December 11, 2025 and sold it today you would have earned a total of $ 620.00 from holding SPDR SAMPP Global or generated 8.9% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Significant |
| Accuracy | 100.0% |
| Values | Daily Returns |
SPDR SAMPP Global vs. WisdomTree SmallCap Earnings
Performance |
| Timeline |
| SPDR SAMPP Global |
Risk-Adjusted Performance
Constructive
Weak | Strong |
| WisdomTree SmallCap |
Risk-Adjusted Performance
Weak
Weak | Strong |
SPDR SAMPP and WisdomTree SmallCap Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with SPDR SAMPP and WisdomTree SmallCap
Pair trading between SPDR SAMPP and WisdomTree SmallCap 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.| SPDR SAMPP vs. SPDR SAMPP Capital | SPDR SAMPP vs. iShares Global Financials | SPDR SAMPP vs. Franklin FTSE Taiwan | SPDR SAMPP vs. iShares North American |
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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