WisdomTree Emerging Markets Efficient Core Fund (NTSE) — Stock Correlations & Overview
Over the past year, NTSE has moved most closely with EDC, EEM, XSOE. Explore the stocks most correlated and inversely correlated with NTSE below, along with its price, financials, and company profile.
Stocks correlated with NTSE
Correlation of daily returns. Higher positive values move with NTSE; negative values move opposite it. Informational only, not investment advice.
Most correlated with NTSE
| Symbol | Company | Correlation |
|---|---|---|
| EDC | Direxion Daily MSCI Emerging Markets Bull 3X ETF | 0.98 |
| EEM | iShares MSCI Emerging Markets ETF | 0.98 |
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | 0.98 |
| IEMG | iShares Core MSCI Emerging Markets ETF | 0.98 |
| ESGE | iShares, Inc. iShares ESG Aware MSCI EM ETF | 0.98 |
Frequently asked questions about NTSE correlations
- Which stocks are most correlated with NTSE?
- Based on one year of daily returns, the stocks most correlated with WisdomTree Emerging Markets Efficient Core Fund (NTSE) are EDC (0.98), EEM (0.98) and XSOE (0.98). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with NTSE?
- Over the past year, the stocks most inversely correlated with WisdomTree Emerging Markets Efficient Core Fund (NTSE) are EDZ (-0.98), EEV (-0.98) and EUM (-0.98). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these NTSE correlations calculated?
- We compute the correlation of daily returns between NTSE and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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