WisdomTree Bianco Total Return Fund (WTBN) — Stock Correlations & Overview
Over the past year, WTBN has moved most closely with AGGY, UNIY, USIN. Explore the stocks most correlated and inversely correlated with WTBN below, along with its price, financials, and company profile.
Stocks correlated with WTBN
Correlation of daily returns. Higher positive values move with WTBN; negative values move opposite it. Informational only, not investment advice.
Most correlated with WTBN
| Symbol | Company | Correlation |
|---|---|---|
| AGGY | WisdomTree Yield Enhanced U.S. Aggregate Bond Fund | 0.92 |
| UNIY | WisdomTree Voya Yield Enhanced USD Universal Bond Fund | 0.91 |
| USIN | WisdomTree 7-10 Year Laddered Treasury Fund | 0.90 |
| QIG | WisdomTree U.S. Corporate Bond Fund | 0.90 |
| CPAG | F/m Compoundr U.S. Aggregate Bond ETF | 0.88 |
Most inversely correlated with WTBN
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.84 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.84 |
| TBX | ProShares Short 7-10 Year Treasury | -0.81 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.79 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.78 |
Frequently asked questions about WTBN correlations
- Which stocks are most correlated with WTBN?
- Based on one year of daily returns, the stocks most correlated with WisdomTree Bianco Total Return Fund (WTBN) are AGGY (0.92), UNIY (0.91) and USIN (0.90). 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 WTBN?
- Over the past year, the stocks most inversely correlated with WisdomTree Bianco Total Return Fund (WTBN) are PST (-0.84), TYO (-0.84) and TBX (-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 WTBN correlations calculated?
- We compute the correlation of daily returns between WTBN 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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