Correlation Between WisdomTree Emerging and Innovator ETFs
Can company-specific risk be reduced by holding WisdomTree Emerging Markets and Innovator ETFs Trust together? The view summarizes correlation to explain the diversifiable risk of holding WisdomTree Emerging Markets and Innovator ETFs Trust together.
This lookup quantifies co-movement between WisdomTree Emerging Markets and Innovator ETFs Trust so position sizing can be more disciplined. You can also test a long WisdomTree Emerging and short Innovator ETFs structure to evaluate relative-value behavior. Review volatility patterns in WisdomTree Emerging and Innovator ETFs. Go to your portfolio center
Diversification Opportunities for WisdomTree Emerging and Innovator ETFs
0.9 | Correlation Coefficient |
Almost no diversification
The 3 months correlation between WisdomTree and Innovator is 0.9. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Emerging Markets and Innovator ETFs Trust in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Innovator ETFs Trust and WisdomTree Emerging 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 Emerging Markets are associated (or correlated) with Innovator ETFs. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Innovator ETFs Trust has no effect on the direction of WisdomTree Emerging i.e., WisdomTree Emerging and Innovator ETFs go up and down completely randomly.
Pair Corralation between WisdomTree Emerging and Innovator ETFs
Allowing for the 90-day total investment horizon WisdomTree Emerging Markets is expected to under-perform the Innovator ETFs. In addition to that, WisdomTree Emerging is 2.36 times more volatile than Innovator ETFs Trust. It trades about -0.03 of its total potential returns per unit of risk. Innovator ETFs Trust is currently generating about -0.01 per unit of volatility. If you had invested $ 3,007 in Innovator ETFs Trust on December 16, 2025 and sold it today you would have lost $ 12.00 from holding Innovator ETFs Trust or given up 0.4% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Very Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
WisdomTree Emerging Markets vs. Innovator ETFs Trust
Performance |
| Timeline |
| WisdomTree Emerging |
Risk-Adjusted Performance
Weak
Weak | Strong |
| Innovator ETFs Trust |
Risk-Adjusted Performance
Weak
Weak | Strong |
WisdomTree Emerging and Innovator ETFs Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with WisdomTree Emerging and Innovator ETFs
Combining WisdomTree Emerging with Innovator ETFs in a pair setup can help isolate spread behavior from broader market movement. The stronger process checks whether the correlation is stable enough to justify the hedge logic before the trade is sized.| WisdomTree Emerging vs. iShares MSCI BIC | WisdomTree Emerging vs. iShares International Developed | WisdomTree Emerging vs. SPDR MSCI Emerging | WisdomTree Emerging vs. iShares MSCI Philippines |
| Innovator ETFs vs. Innovator Equity Accelerated | Innovator ETFs vs. Innovator ETFs Trust | Innovator ETFs vs. Innovator Premium Income | Innovator ETFs vs. Overlay Shares Foreign |
Go to your portfolio centerThe 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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