Themes Generative Artificial Intelligence ETF (WISE) — Stock Correlations & Overview
Over the past year, WISE has moved most closely with IVES, BUZZ, ROBT. Explore the stocks most correlated and inversely correlated with WISE below, along with its price, financials, and company profile.
Stocks correlated with WISE
Correlation of daily returns. Higher positive values move with WISE; negative values move opposite it. Informational only, not investment advice.
Most correlated with WISE
| Symbol | Company | Correlation |
|---|---|---|
| IVES | Dan IVES Wedbush AI Revolution ETF | 0.87 |
| BUZZ | VanEck Social Sentiment ETF | 0.87 |
| ROBT | First Trust Nasdaq Artificial Intelligence and Robotics ETF | 0.87 |
| AIBU | Direxion Daily AI and Big Data Bull 2X ETF | 0.86 |
| THNQ | ROBO Global Artificial Intelligence ETF | 0.86 |
Most inversely correlated with WISE
| Symbol | Company | Correlation |
|---|---|---|
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | -0.83 |
| BERZ | MicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.82 |
| TECS | Direxion Daily Technology Bear 3x ETF | -0.81 |
| REW | Proshares UltraShort Technology | -0.81 |
| QID | ProShares UltraShort QQQ | -0.81 |
Frequently asked questions about WISE correlations
- Which stocks are most correlated with WISE?
- Based on one year of daily returns, the stocks most correlated with Themes Generative Artificial Intelligence ETF (WISE) are IVES (0.87), BUZZ (0.87) and ROBT (0.87). 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 WISE?
- Over the past year, the stocks most inversely correlated with Themes Generative Artificial Intelligence ETF (WISE) are AIBD (-0.83), BERZ (-0.82) and TECS (-0.81). 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 WISE correlations calculated?
- We compute the correlation of daily returns between WISE 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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