Wilshire International Correlations

Mutual Funds . USA . 
Fund . Wilshire International Equity
WLTTX Fund  USD 10.87  0.01  0.09%   
The current 90-days correlation between Wilshire International and Versatile Bond Portfolio is 0.03 (i.e., Significant diversification). The correlation of Wilshire International 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.

Wilshire International Correlation With Market

Very weak diversification

The correlation between Wilshire International Equity and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wilshire International Equity and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilshire International Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Wilshire Mutual Fund

  0.92WIORX Wilshire Income OpportPairCorr
  0.92WIOPX Wilshire Income OpportPairCorr
  1.0WLCTX Wilshire International Potential GrowthPairCorr
  0.97VGTSX Vanguard Total InterPairCorr
  0.97VTIAX Vanguard Total InterPairCorr
  1.0VTSNX Vanguard Total InterPairCorr
  1.0VTPSX Vanguard Total InterPairCorr
  1.0VTISX Vanguard Total InterPairCorr
  0.97VTMGX Vanguard DevelopedPairCorr
  1.0VDVIX Vanguard DevelopedPairCorr
  1.0VTMNX Vanguard DevelopedPairCorr
  1.0VDIPX Vanguard DevelopedPairCorr
  0.97FSPSX Fidelity InternationalPairCorr
  0.81CSJZX Cohen Steers RealtyPairCorr
  0.78CSRSX Cohen Steers RealtyPairCorr
  0.96EMBAX Unconstrained EmergingPairCorr
  0.94FGDIX Fidelity Advisor GoldPairCorr
  0.89TASTX Transamerica Short TermPairCorr
  0.78RXRPX American Funds RetirementPairCorr
  0.82EBSFX Eubel Brady SuttmanPairCorr
  0.92GSTPX Goldman Sachs InflationPairCorr
  0.97VWICX Vanguard InternationalPairCorr
  0.93VTAPX Vanguard Short TermPairCorr

Moving against Wilshire Mutual Fund

  0.57WSMGX Small Pany GrowthPairCorr
  0.57DTSGX Small Pany GrowthPairCorr
  0.53DTSVX Small Pany ValuePairCorr
  0.52WSMVX Small Pany ValuePairCorr
  0.5WLCGX Large Pany GrowthPairCorr
  0.5DTLGX Wilshire LargePairCorr
  0.36WFIVX Wilshire 5000 IndexPairCorr
  0.35WINDX Wilshire 5000 IndexPairCorr
  0.53WRHIX Ivy High IncomePairCorr
  0.45WHIAX Ivy High IncomePairCorr
  0.42WHIYX Ivy High IncomePairCorr
  0.37IVHIX Ivy High IncomePairCorr
  0.35IHIFX Ivy High IncomePairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Wilshire Mutual Fund performing well and Wilshire International Mutual Fund 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 Wilshire International'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.

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