WisdomTree STOXX Competition

2CAR Etf

18.50 0.38 2.01%

WisdomTree STOXX Europe competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, and SPDR Gold; as well as few others. Analyzing WisdomTree STOXX competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of WisdomTree STOXX to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of WisdomTree STOXX competition on your existing holdings.

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WisdomTree STOXX Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between WisdomTree STOXX and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of WisdomTree and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of WisdomTree STOXX Europe does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.76	-0.52	-0.44	0.52	0.28	0.55	0.28	-0.2	-0.43	META
MSFT	0.76		-0.62	-0.35	0.56	0.06	0.59	0.35	-0.19	-0.7	MSFT
UBER	-0.52	-0.62		0.45	-0.71	0.14	-0.76	-0.52	0.57	0.69	UBER
F	-0.44	-0.35	0.45		-0.04	-0.25	-0.06	0.31	-0.09	0.67	F
T	0.52	0.56	-0.71	-0.04		-0.28	0.88	0.81	-0.71	-0.37	T
A	0.28	0.06	0.14	-0.25	-0.28		-0.33	-0.51	0.66	0.02	A
CRM	0.55	0.59	-0.76	-0.06	0.88	-0.33		0.87	-0.79	-0.42	CRM
JPM	0.28	0.35	-0.52	0.31	0.81	-0.51	0.87		-0.86	-0.16	JPM
MRK	-0.2	-0.19	0.57	-0.09	-0.71	0.66	-0.79	-0.86		0.19	MRK
XOM	-0.43	-0.7	0.69	0.67	-0.37	0.02	-0.42	-0.16	0.19		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

CRM	+ 0.88	T
JPM	+ 0.87	CRM
JPM	+ 0.81	T
MSFT	+ 0.76	META
XOM	+ 0.69	UBER
XOM	+ 0.67	F

High negative correlations

MRK	- 0.86	JPM
MRK	- 0.79	CRM
CRM	- 0.76	UBER
MRK	- 0.71	T
T	- 0.71	UBER
XOM	- 0.7	MSFT

WisdomTree STOXX Competition Risk-Adjusted Indicators

There is a big difference between WisdomTree Etf performing well and WisdomTree STOXX ETF 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 WisdomTree STOXX'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.21	0.10	0.05	0.23	1.41	(1.36)	2.62	(3.15)	7.43
MSFT	0.86	0.00	(0.01)	0.03	1.61	(0.78)	1.78	(2.23)	8.14
UBER	1.72	(0.25)	0.00	(2.15)	0.00	0.00	2.67	(5.35)	20.41
F	1.45	(0.15)	0.00	(0.07)	0.00	0.00	2.53	(2.90)	11.21
T	0.95	0.10	0.06	0.42	1.12	(1.01)	1.93	(1.99)	7.95
A	1.23	(0.05)	0.00	(0.07)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.49	0.40	0.22	(11.15)	1.31	(1.70)	3.18	(2.88)	14.80
JPM	1.06	0.16	0.15	0.13	1.09	(1.25)	1.99	(1.44)	15.87
MRK	0.98	(0.25)	0.00	(1.14)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.90	(0.12)	0.00	(0.76)	0.00	0.00	1.83	(2.14)	6.06

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WisdomTree STOXX Competitive Analysis

The better you understand WisdomTree STOXX competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, WisdomTree STOXX's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across WisdomTree STOXX's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	2CAR	UIM5	XJSE	XDJP	SXRZ	GQ9	VUSA	EXX7	SXR8	IS3N
	2.01 18.50 WisdomTree	0.29 51.34 UBS	0.92 7.54 Xtrackers	0.28 24.68 Xtrackers	0.19 239.65 IShares	0.35 230.84 SPDR	0.35 108.14 Vanguard	0.25 23.92 IShares	0.27 607.26 IShares	0.06 33.03 IShares
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Weak	Weak	Modest	Good	Weak	Solid	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Equity Positions Weight		99.25	N/A	98.59	99.24	N/A	100.0	99.08	99.68	98.72
Three Year Return		9.49	N/A	N/A	10.77	4.27	13.93	N/A	17.45	10.06
Net Asset		72.17 B	66.28 B	36.46 B	35.01 B	29.81 B	22.89 B	18.13 B	16.65 B	13.36 B
Five Year Return		5.47	2.18	8.74	12.81	16.63	10.35	8.02	16.84	1.4
One Year Return		-7.01	N/A	-3.73	34.71	-4.59	8.85	N/A	40.98	0.89
Bond Positions Weight		N/A	99.57	N/A	N/A	N/A	N/A	N/A	N/A	0.03
Last Dividend Paid		N/A	N/A	27.95	N/A	N/A	N/A	2.14	N/A	N/A
Ten Year Return		6.36	N/A	N/A	12.81	3.72	N/A	N/A	13.97	N/A
Day Typical Price	18.56	51.36	7.56	24.7	239.73	231.09	107.52	23.94	606.35	32.78
Accumulation Distribution	0.0123	0.006	0.0079	0.0048	0.0056	0.0032	0.0224	0.0054	0.0072	0.026
Market Facilitation Index	0.23	0.31	0.06	0.12	1.35	0.74	2.43	0.13	4.36	0.86
Daily Balance Of Power	(1.65)	(0.48)	(1.17)	(0.58)	(0.33)	(1.08)	0.1564	(0.46)	0.3761	0.0233
Period Momentum Indicator	(0.38)	(0.15)	(0.07)	(0.07)	(0.45)	(0.80)	0.38	(0.06)	1.64	0.02
Rate Of Daily Change	0.98	1.0	0.99	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	18.59	51.37	7.57	24.71	239.77	231.21	107.22	23.95	605.9	32.66
Price Action Indicator	(0.27)	(0.10)	(0.07)	(0.07)	(0.35)	(0.77)	1.11	(0.06)	2.18	0.38
Coefficient Of Variation	(1,546)	7768.69	(1,442)	11415.06	12094.99	794.7	506.91	12770.83	480.26	1790.33
Mean Deviation	1.89	0.7644	0.5052	0.823	0.7502	0.7432	0.5717	0.7772	0.5296	0.7058
Jensen Alpha	(0.18)	(0.02)	(0.06)	(0.02)	(0.02)	0.1164	0.1635	(0.02)	0.1414	0.0355
Total Risk Alpha	(0.28)	(0.04)	(0.10)	(0.05)	(0.05)	0.0711	0.1239	(0.05)	0.129	0.0023
Sortino Ratio	N/A	(0.04)	N/A	(0.03)	(0.03)	0.0761	0.1438	(0.03)	0.1596	0.0106
Downside Variance	N/A	0.8157	N/A	1.27	1.2	1.08	0.7798	1.17	0.6731	0.9733
Standard Deviation	2.52	1.01	0.8313	1.09	1.09	0.9839	0.8703	1.14	0.8436	0.988
Kurtosis	0.7461	0.4571	13.53	0.1863	0.9683	1.7	8.21	1.8	9.92	1.25
Potential Upside	3.19	1.73	1.07	1.71	1.78	1.64	1.16	1.81	1.25	1.95
Treynor Ratio	(0.82)	0.0056	0.3288	(0.0007)	(0)	(1.54)	(3.02)	(0)	0.2374	0.1623
Maximum Drawdown	12.69	5.05	5.96	5.27	5.4	5.73	6.02	5.53	5.99	5.55
Variance	6.35	1.02	0.6911	1.19	1.19	0.968	0.7574	1.31	0.7116	0.9762
Market Risk Adjusted Performance	(0.81)	0.0156	0.3388	0.0093	0.0083	(1.53)	(3.01)	0.0081	0.2474	0.1723
Risk Adjusted Performance	(0.04)	0.0124	(0.06)	0.0097	0.0093	0.1025	0.1585	0.0093	0.167	0.0466
Skewness	(0.59)	0.3124	2.52	(0.1)	0.1779	(0.59)	1.24	0.5419	1.57	0.0262
Semi Deviation	N/A	0.8833	N/A	1.07	0.9583	0.9023	0.6016	0.9637	0.4812	0.91
Information Ratio	(0.08)	(0.03)	(0.12)	(0.03)	(0.03)	0.0804	0.1459	(0.03)	0.1552	0.0106
Value At Risk	(4.54)	(1.63)	(1.16)	(2.09)	(1.89)	(1.41)	(1.24)	(2.02)	(1.20)	(1.48)
Expected Short fall	N/A	(0.91)	N/A	(0.89)	(1.00)	(0.78)	(0.61)	(1.03)	(0.56)	(0.76)
Downside Deviation	N/A	0.9032	N/A	1.13	1.09	1.04	0.883	1.08	0.8205	0.9866
Semi Variance	N/A	0.7803	N/A	1.15	0.9184	0.8141	0.3619	0.9287	0.2316	0.828

WisdomTree STOXX Competition Performance Charts

Five steps to successful analysis of WisdomTree STOXX Competition

WisdomTree STOXX's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by WisdomTree STOXX Europe in relation to its competition. WisdomTree STOXX's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of WisdomTree STOXX in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact WisdomTree STOXX's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to WisdomTree STOXX Europe, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your WisdomTree STOXX position

In addition to having WisdomTree STOXX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 37 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Value Funds Theme or any other thematic opportunities.

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