Looking to diversify beyond BABW? The ETFs below have the lowest correlation with BABW — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from BABW.
Best Diversifiers for BABW
0 ETFs have low correlation with BABW (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.32 | — | — | 82 | Derivative Income, S&P 500 | BABW vs IVVW | |
| Main Buywrite ETF | 0.33 | 0.33 | — | 71 | Derivative Income | BABW vs BUYW | |
| Fidelity Yield Enhanced Equity ETF | 0.35 | — | — | 77 | Derivative Income | BABW vs FYEE | |
| YieldMax Semiconductor Portfolio Option Income ETF | 0.42 | — | — | 97 | Derivative Income, Semiconductors | BABW vs CHPY |
Diversification Analysis
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