Correlation Between WisdomTree CBOE and YieldMax NFLX

Specify exactly 2 symbols:
Does pairing WisdomTree CBOE SAMPP with YieldMax NFLX Option lower idiosyncratic risk? This analysis describes return linkage and the diversifiable risk of a joint position in WisdomTree CBOE SAMPP and YieldMax NFLX Option.
Review WisdomTree CBOE SAMPP against YieldMax NFLX Option to separate temporary co-movement from persistent structural correlation. You can also test a long WisdomTree CBOE and short YieldMax NFLX structure to evaluate relative-value behavior. Review volatility patterns in WisdomTree CBOE and YieldMax NFLX. Go to your portfolio center

Diversification Opportunities for WisdomTree CBOE and YieldMax NFLX

0.2
  Correlation Coefficient
Modest diversification
The 3 months correlation between WisdomTree and YieldMax is 0.2. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree CBOE SAMPP and YieldMax NFLX Option in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on YieldMax NFLX Option and WisdomTree CBOE 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 CBOE SAMPP are associated (or correlated) with YieldMax NFLX. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of YieldMax NFLX Option has no effect on the direction of WisdomTree CBOE i.e., WisdomTree CBOE and YieldMax NFLX go up and down completely randomly.

Pair Corralation between WisdomTree CBOE and YieldMax NFLX

Given the investment horizon of 90 days WisdomTree CBOE is expected to generate 1.08 times less return on investment than YieldMax NFLX. But when comparing it to its historical volatility, WisdomTree CBOE SAMPP is 4.07 times less risky than YieldMax NFLX. It trades about 0.11 of its potential returns per unit of risk. YieldMax NFLX Option is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you had invested $ 1,100 in YieldMax NFLX Option on December 15, 2025 and sold it today you would have earned a total of $ 28.00 from holding YieldMax NFLX Option or generated 2.55% return on investment over 90 days.
Time Period3 Months [change]
DirectionMoves Together 
StrengthVery Weak
Accuracy50.0%
ValuesDaily Returns

WisdomTree CBOE SAMPP  vs.  YieldMax NFLX Option

 Performance 
       Timeline  
WisdomTree CBOE SAMPP 
Risk-Adjusted Performance
Moderate
 
Weak
 
Strong
For the recent 90-day horizon, WisdomTree CBOE SAMPP failed to convert risk into positive risk-adjusted performance. Used correctly, this score helps investors distinguish between raw price movement and actual return efficiency. In spite of fairly stable basic indicators, WisdomTree CBOE is not utilizing all of its potential. The latest price fuss may contribute to near-short-term losses for sophisticated investors. ...more
YieldMax NFLX Option 
Risk-Adjusted Performance
Soft
 
Weak
 
Strong
Compared with the broader market, risk-adjusted returns on YieldMax NFLX Option rank lower than 2% of all global equities and portfolios over the last 90 days. The main point is that return should be judged together with the volatility required to produce it. Despite somewhat strong essential indicators, YieldMax NFLX is not utilizing all of its potential. The latest price disturbance may contribute to short-term losses for investors. ...more

WisdomTree CBOE and YieldMax NFLX Volatility Contrast

   Predicted Return Density   
       Returns  

Pair Trading with WisdomTree CBOE and YieldMax NFLX

Combining WisdomTree CBOE with YieldMax NFLX in a pair setup can help isolate spread behavior from broader market movement. Used correctly, the structure can help offset losses in one leg when unexpected sector or market pressure hits both names.
Go to your portfolio center
The 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Complementary Tools

Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.