FUND vs WT: Correlation
Measured on weekly returns over the past three years, Sprott Focus Trust, Inc. - Closed End Fund (FUND) and WisdomTree, Inc. (WT) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUND and WT?
Over the past 3 years, FUND and WT moved with a correlation of 0.51, which is moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 312.2 %².
Among the 32 assets we track against FUND, WT ranks #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WT ahead by 47.6 points (+39.1% versus +86.7%). Risk is not evenly split, since WT carries 1.9 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
FUND vs WT: side by side
| FUND (Sprott Focus Trust, Inc. - Closed End Fund) | WT (WisdomTree, Inc.) | |
|---|---|---|
| 1-year return | +39.1% | +86.7% |
| 5-year return | +83.0% | +330.3% |
| Volatility (ann.) | 17.9% | 34.2% |
| Beta vs S&P 500 | 0.77 | 1.17 |
| Max drawdown (3Y) | -18.2% | -36.9% |
| Market cap | $0.3B | $3.8B |
| P/E (trailing) | 5.8 | 44.7 |
| Dividend yield | 5.36% | 0.48% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUND | WT |
|---|---|---|
| 2022 | -1.2% | -8.9% |
| 2023 | +6.9% | +29.6% |
| 2024 | -1.0% | +53.5% |
| 2025 | +27.5% | +17.4% |
| 2026 | +26.8% | +106.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUND and WT good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FUND and WT?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.51 over the last year and 0.51 over 5 years.
Is WT a good diversifier for FUND?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fund-vs-wt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fund-vs-wt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FUND correlations · WT correlations
