lag 1dρ -0.21holdout -0.28stable 88%$/day $3.6Mrobust
DGS WisdomTree Emerging Markets SmallCap Dividend Fund
- Last close
- 57.90
- 504-day return
- +21.05%
- Median $/day
- $4.7M
- Relationships shown
- 16
- Leader rank
- #466
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: AVEE move almost identically to DGS (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
DGS vs EWX
Both indexed to 100 at 2026-05-11.
Follows DGS
These tend to repeat DGS's moves later.
Moves with DGS
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.89beyond mkt +0.65holdout +0.92stable 100%robust
ρ +0.86beyond mkt +0.48holdout +0.90stable 100%robust
ρ +0.79beyond mkt +0.44holdout +0.85stable 100%robust
ρ +0.68beyond mkt +0.21holdout +0.71stable 100%robust
ρ +0.40beyond mkt -0.14holdout +0.13stable 75%moderate
ρ +0.50beyond mkt -0.12holdout +0.33stable 88%robust
Moves against DGS
ρ -0.40beyond mkt +0.08holdout -0.40stable 88%robust
ρ -0.56beyond mkt +0.06holdout -0.65stable 100%robust
ρ -0.47beyond mkt +0.05holdout -0.54stable 100%robust
ρ -0.42beyond mkt +0.04holdout -0.45stable 100%robust
ρ -0.58beyond mkt +0.04holdout -0.70stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.39holdout +0.26stable 88%robust
horizon 10dρ +0.37holdout +0.27stable 50%moderate
horizon 10dρ +0.36holdout +0.28stable 25%moderate
horizon 5dρ +0.35holdout +0.45stable 100%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.63recent -0.20prior +0.43beyond mkt +0.04
Δ -0.58recent -0.18prior +0.39beyond mkt -0.08
Δ -0.57recent -0.48prior +0.09beyond mkt -0.02
Δ -0.55recent -0.38prior +0.16beyond mkt -0.14
Δ -0.53recent -0.06prior +0.47beyond mkt -0.14
Δ -0.51recent -0.08prior +0.44beyond mkt -0.02
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| JPEM JPMorgan Diversified Return Emerging Markets Equity ETF | +0.43 | +0.86 | 10 | |
| EWX State Street SPDR S&P Emerging Markets Small Cap ETF | +0.65 | +0.89 | 20 | |
| EYLD Cambria Emerging Shareholder Yield ETF | +0.48 | +0.86 | 18 | |
| PIE Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright Emerging Markets Momentum ETF | +0.44 | +0.79 | 17 | |
| EDIV State Street SPDR S&P Emerging Markets Dividend ETF | +0.37 | +0.82 | 15 |