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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 WisdomTree Emerging Markets Eq  vs   SPDR S&P Emerging Markets Smal
 Compare Fundamentals  
Daily Returns (%)
EWX   DEM   
 
Considering 30-days investment horizon, WisdomTree Emerging Markets Equity Inc is not expected to generate positive returns. Moreover, WisdomTree is 1.34 times more volatile than SPDR S P Emerging Markets Small Cap. It trades away all of its potential returns to assume current level of volatility. SPDR S P Emerging Markets Small Cap is currently generating about 0.09 per unit of risk. If you would invest  4,833  in SPDR S P Emerging Markets Small Cap on April 25, 2013 and sell it today you would earn a total of  73.00  from holding SPDR S P Emerging Markets Small Cap or generate 1.51% return on investment over 30 days.

Diversification

Almost no diversification
Overlapping area represents amount of risk that can be diversified away by holding WisdomTree Emerging Markets Eq and SPDR S&P Emerging Markets Smal in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.94
Parameters
Time Period1 Month [change]
DirectionPositive EWX Moved Up vs DEM
StrengthVery Strong
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
EWX   DEM   

WisdomTree Emerging Markets Equity Inc

 
    
WisdomTree
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days WisdomTree Emerging Markets Equity Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for WisdomTree

Vanguard FTSE Emerging Markets ETF vs. WisdomTree Emerging Markets Equity Inc
iShares MSCI Emerging Markets Index vs. WisdomTree Emerging Markets Equity Inc
WisdomTree Emerging Mkts SmallCap Div vs. WisdomTree Emerging Markets Equity Inc
iShares Core MSCI Emerging Markets ETF vs. WisdomTree Emerging Markets Equity Inc
SPDR S P Emerging Markets Small Cap vs. WisdomTree Emerging Markets Equity Inc
iShares MSCI Turkey Invest Mkt Index vs. WisdomTree Emerging Markets Equity Inc
iShares MSCI BRIC Index vs. WisdomTree Emerging Markets Equity Inc
iShares MSCI South Africa Index vs. WisdomTree Emerging Markets Equity Inc
PowerShares DWA Em Mkts Technical Ldrs vs. WisdomTree Emerging Markets Equity Inc
  

SPDR S P Emerging Markets Small Cap

 
    
SPDR
Performance
4
Out Of
100
Over 30
Days
96% of all equities and portfolios perform better than SPDR S P Emerging Markets Small Cap. Compared with the overall equity markets, risk-adjusted returns on investments in SPDR S P Emerging Markets Small Cap are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for SPDR

Vanguard FTSE Emerging Markets ETF vs. SPDR S P Emerging Markets Small Cap
iShares MSCI Emerging Markets Index vs. SPDR S P Emerging Markets Small Cap
WisdomTree Emerging Markets Equity Inc vs. SPDR S P Emerging Markets Small Cap
WisdomTree Emerging Mkts SmallCap Div vs. SPDR S P Emerging Markets Small Cap
iShares Core MSCI Emerging Markets ETF vs. SPDR S P Emerging Markets Small Cap
iShares MSCI Turkey Invest Mkt Index vs. SPDR S P Emerging Markets Small Cap
iShares MSCI BRIC Index vs. SPDR S P Emerging Markets Small Cap
iShares MSCI South Africa Index vs. SPDR S P Emerging Markets Small Cap
PowerShares DWA Em Mkts Technical Ldrs vs. SPDR S P Emerging Markets Small Cap


 
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