Correlation Between ProShares Russell and WisdomTree International
This comparison outlines how ProShares Russell 2000 and WisdomTree International High move in relation to one another. The linkage helps describe the extent of diversifiable risk across the pair. The dataset reflects observed price behavior across time frames.
This lookup quantifies co-movement between ProShares Russell 2000 and WisdomTree International High so position sizing can be more disciplined. Return co-movement patterns are presented across multiple observation windows. Go to your portfolio center
Diversification Opportunities for ProShares Russell and WisdomTree International
0.88 | Correlation Coefficient |
Very poor diversification
The 3 months correlation between ProShares and WisdomTree is 0.88. Overlapping area represents the amount of risk that can be diversified away by holding ProShares Russell 2000 and WisdomTree International High in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on WisdomTree International and ProShares Russell 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 ProShares Russell 2000 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 ProShares Russell i.e., ProShares Russell and WisdomTree International go up and down completely randomly.
Pair Correlation Between ProShares Russell and WisdomTree International
Given the investment horizon of 90 days ProShares Russell 2000 is expected to generate 0.99 times more return on investment than WisdomTree International. However, ProShares Russell 2000 is 1.01 times less risky than WisdomTree International. It trades about 0.05 of its potential returns per unit of risk. WisdomTree International High is currently generating about 0.04 per unit of risk. If you had invested $ 6,669 in ProShares Russell 2000 on December 27, 2025 and sold it today you would have earned a total of $ 180.00 from holding ProShares Russell 2000 or generated 2.7% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
ProShares Russell 2000 vs. WisdomTree International High
Performance |
| Timeline |
| ProShares Russell 2000 |
Risk-Adjusted Performance
Mild
Weak | Strong |
| WisdomTree International |
Risk-Adjusted Performance
Soft
Weak | Strong |
ProShares Russell and WisdomTree International Volatility Contrast
Predicted Return Distribution |
| Density |
Pair Trading with ProShares Russell and WisdomTree International
Combining ProShares Russell with WisdomTree International in a pair setup can help isolate spread behavior from broader market movement. The objective is to profit from relative movement while reducing dependence on the market's overall direction.| ProShares Russell vs. Avantis All Equity | ProShares Russell vs. WisdomTree SmallCap Earnings | ProShares Russell vs. iShares North American | ProShares Russell vs. Opus Small Cap |
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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