Looking to diversify beyond CWEB? The ETFs below have the lowest correlation with CWEB — 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 CWEB.
Best Diversifiers for CWEB
588 ETFs have low correlation with CWEB (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 53 | Inverse Equities | CWEB vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 60 | Inverse Equities, Leveraged Equities | CWEB vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 65 | Derivative Income | CWEB vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 51 | Multistrategy | CWEB vs RSBY | |
| ProShares UltraShort Yen | -0.15 | -0.13 | -0.09 | 75 | Leveraged Currency | CWEB vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CWEB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CWEB and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.30, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.30 | 0.27 | 0.31 | 90 | Technology |
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