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
501 ETFs have low correlation with CWEB (below 0.3), 49 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.17, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.17 | -0.14 | -0.09 | 61 | Leveraged Currency | CWEB vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | CWEB vs IBID | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.12 | — | — | 97 | Inflation-Protected Bonds | CWEB vs RBIL | |
| Texas Capital Government Money Market ETF | -0.11 | -0.05 | -0.05 | 100 | Money Market | CWEB vs MMKT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | CWEB vs IBIC |
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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 0.23, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.23 | 0.26 | 0.30 | 88 | Technology |
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