Correlation Between ProShares Ultra and WisdomTree

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Can company-specific risk be reduced by holding ProShares Ultra MSCI and WisdomTree 7 10 Year together? Correlation context here helps quantify the diversifiable risk between ProShares Ultra MSCI and WisdomTree 7 10 Year.
Analyze ProShares Ultra MSCI versus WisdomTree 7 10 Year to see whether pair exposure lowers concentration risk or amplifies it. You can also test a long ProShares Ultra and short WisdomTree structure to evaluate relative-value behavior. Review volatility patterns in ProShares Ultra and WisdomTree. Go to your portfolio center

Diversification Opportunities for ProShares Ultra and WisdomTree

0.55
  Correlation Coefficient

Very weak diversification

The 3 months correlation between ProShares and WisdomTree is 0.55. Overlapping area represents the amount of risk that can be diversified away by holding ProShares Ultra MSCI and WisdomTree 7 10 Year in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on WisdomTree 7 10 and ProShares Ultra 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 Ultra MSCI are associated (or correlated) with WisdomTree. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of WisdomTree 7 10 has no effect on the direction of ProShares Ultra i.e., ProShares Ultra and WisdomTree go up and down completely randomly.

Pair Corralation between ProShares Ultra and WisdomTree

Considering the 90-day investment horizon ProShares Ultra MSCI is expected to generate 13.93 times more return on investment than WisdomTree. However, ProShares Ultra is 13.93 times more volatile than WisdomTree 7 10 Year. It trades about 0.1 of its potential returns per unit of risk. WisdomTree 7 10 Year is currently generating about 0.01 per unit of risk. If you had invested $ 2,771 in ProShares Ultra MSCI on December 14, 2025 and sold it today you would have earned a total of $ 535.00 from holding ProShares Ultra MSCI or generated 19.31% return on investment over 90 days.
Time Period3 Months [change]
DirectionMoves Together 
StrengthWeak
Accuracy100.0%
ValuesDaily Returns

ProShares Ultra MSCI  vs.  WisdomTree 7 10 Year

 Performance 
       Timeline  
ProShares Ultra MSCI 
Risk-Adjusted Performance
Moderate
 
Weak
 
Strong
Compared with the broader market, risk-adjusted returns on ProShares Ultra MSCI rank lower than 7% of all global equities and portfolios over the last 90 days. This score becomes more useful when investors compare it with downside risk, Sharpe Ratio, and current trend stability. Even with relatively unfluctuating fundamental drivers, ProShares Ultra reported solid returns over the last few months and may actually be approaching a breakup point. ...more
WisdomTree 7 10 
Risk-Adjusted Performance
Soft
 
Weak
 
Strong
Compared with the broader market, risk-adjusted returns on WisdomTree 7 10 Year rank lower than 1% of all global equities and portfolios over the last 90 days. This score becomes more useful when investors compare it with downside risk, Sharpe Ratio, and current trend stability. In spite of very healthy forward indicators, WisdomTree is not utilizing all of its potential. The current price disarray may contribute to short-term losses for investors. ...more

ProShares Ultra and WisdomTree Volatility Contrast

   Predicted Return Density   
       Returns  

Pair Trading with ProShares Ultra and WisdomTree

A paired position in ProShares Ultra and WisdomTree 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.
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The 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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