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
2 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 |
|---|---|---|---|---|---|---|---|
| FT Energy Income Partners Enhanced Income ETF | 0.01 | — | — | 76 | Derivative Income | BABW vs EIPI | |
| VistaShares Target 15™ Berkshire Select Income ETF | 0.13 | 0.13 | — | 51 | Derivative Income | BABW vs OMAH | |
| iShares S&P 500 BuyWrite ETF | 0.35 | 0.35 | — | 73 | Derivative Income, S&P 500 | BABW vs IVVW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 0.40 | 0.40 | — | 95 | Derivative Income, Semiconductors | BABW vs CHPY | |
| YieldMax TSM Option Income Strategy ETF | 0.40 | 0.40 | — | 84 | Derivative Income | BABW vs TSMY |
See all 6 diversifiers for BABW
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