WisdomTree Trust Correlations

WTV Etf

USD 95.94 0.23 0.24%

The current 90-days correlation between WisdomTree Trust and Fidelity Small Mid Factor is 0.92 (i.e., Almost no diversification). The correlation of WisdomTree Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

WisdomTree Trust Correlation With Market

Very poor diversification

The correlation between WisdomTree Trust and DJI is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WisdomTree Trust and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with WisdomTree Etf

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy WisdomTree Etf please use our How to Invest in WisdomTree Trust guide.

Moving together with WisdomTree Etf

0.98	VOE	Vanguard Mid Cap	Pair Corr
0.89	SDY	SPDR SP Dividend	Pair Corr
0.95	DVY	iShares Select Dividend	Pair Corr
0.97	IWS	iShares Russell Mid	Pair Corr
0.86	FVD	First Trust Value	Pair Corr
0.87	SPYD	SPDR Portfolio SP Sell-off Trend	Pair Corr
0.93	COWZ	Pacer Cash Cows	Pair Corr
0.98	IJJ	iShares SP Mid	Pair Corr
0.97	DON	WisdomTree MidCap	Pair Corr
0.97	RPV	Invesco SP 500	Pair Corr
0.74	FNGU	MicroSectors FANG Index Symbol Change	Pair Corr
0.8	DGP	DB Gold Double	Pair Corr
0.86	AGQ	ProShares Ultra Silver	Pair Corr
0.73	SMH	VanEck Semiconductor ETF	Pair Corr
0.97	RSSE	First Trust Exchange	Pair Corr
0.9	FGD	First Trust Dow	Pair Corr
0.73	MBB	iShares MBS ETF	Pair Corr
0.97	JEPI	JPMorgan Equity Premium	Pair Corr
0.84	DJD	Invesco Dow Jones	Pair Corr
0.9	INOV	Innovator ETFs Trust	Pair Corr
0.82	SPY	SPDR SP 500	Pair Corr

Related Correlations Analysis

	FSMD	REGL	SMMD	RPG	HEDJ	DSTL	IXC	EWA	EPP	FLQM
FSMD		0.92	0.97	0.55	0.84	0.96	0.41	0.36	0.57	0.96	FSMD
REGL	0.92		0.87	0.53	0.69	0.92	0.24	0.34	0.52	0.97	REGL
SMMD	0.97	0.87		0.7	0.84	0.89	0.32	0.5	0.67	0.92	SMMD
RPG	0.55	0.53	0.7		0.48	0.45	-0.22	0.92	0.88	0.54	RPG
HEDJ	0.84	0.69	0.84	0.48		0.78	0.57	0.34	0.64	0.76	HEDJ
DSTL	0.96	0.92	0.89	0.45	0.78		0.43	0.26	0.46	0.95	DSTL
IXC	0.41	0.24	0.32	-0.22	0.57	0.43		-0.3	0.06	0.34	IXC
EWA	0.36	0.34	0.5	0.92	0.34	0.26	-0.3		0.89	0.36	EWA
EPP	0.57	0.52	0.67	0.88	0.64	0.46	0.06	0.89		0.55	EPP
FLQM	0.96	0.97	0.92	0.54	0.76	0.95	0.34	0.36	0.55		FLQM
	FSMD	REGL	SMMD	RPG	HEDJ	DSTL	IXC	EWA	EPP	FLQM

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

SMMD	+ 0.97	FSMD
FLQM	+ 0.97	REGL
DSTL	+ 0.96	FSMD
FLQM	+ 0.96	FSMD
FLQM	+ 0.95	DSTL
REGL	+ 0.92	FSMD

High negative correlations

EWA	- 0.3	IXC
IXC	- 0.22	RPG

WisdomTree Trust Constituents Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree Trust ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze WisdomTree Trust's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FSMD	0.71	(0.02)	(0.02)	0.07	0.86	(0.73)	1.52	(1.28)	3.47
REGL	0.60	(0.02)	(0.06)	0.05	0.70	(0.67)	1.64	(1.52)	3.26
SMMD	0.92	(0.01)	0.01	0.08	1.01	(0.97)	1.64	(1.73)	4.55
RPG	0.91	(0.09)	(0.05)	0.01	1.31	(0.86)	1.46	(2.46)	4.35
HEDJ	0.59	0.04	0.02	0.14	0.63	(0.67)	1.05	(1.18)	2.89
DSTL	0.59	(0.01)	(0.04)	0.07	0.64	(0.64)	1.17	(0.86)	3.07
IXC	0.88	0.02	(0.03)	0.12	1.07	(0.92)	1.69	(1.33)	4.80
EWA	0.68	(0.09)	0.00	(0.04)	0.00	0.00	1.25	(1.59)	3.80
EPP	0.62	(0.07)	(0.10)	0.00	0.84	(0.60)	1.23	(1.40)	3.24
FLQM	0.61	(0.03)	(0.06)	0.04	0.78	(0.59)	1.34	(1.19)	3.24

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC