Snapshot*
Top 10 Holdings
What is IXSE?
WisdomTree India ex-State-Owned Enterprises Fund seeks to track the investment results of Indian companies that are not state-owned enterprises, which is defined as government ownership greater than 20%. The index employs a modified float-adjusted market capitalization weighting process which means that the share amounts used in calculating the Index reflect only shares available to investors.
ETFs related toIXSE
ETFs correlated to IXSE include INDA, PIN, FLIN
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toIXSE
Follow the Global Trend
Copy the Dragon Portfolio
Create your own algorithmic trading strategy with IXSE using Composer
News Related to IXSE
India: Apple Creating Opportunity For Investors In Up And Coming Manufacturing Powerhouse
Sep 26, 2023 • by The Arora Report
Sequoia Capital Closes Largest India and Southeast Asia Dedicated Fund: Reuters
Jun 14, 2022 • by Vandana Singh
General Atlantic Intends To Invest $2B In India, Southeast Asia: Reuters
May 23, 2022 • by Akanksha Bakshi
India's Biggest IPO Enjoys Analyst Confidence Thanks To Attractive Valuation, Retail Investor Discount
May 4, 2022 • by Anusuya Lahiri
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.