Looking to diversify beyond CWVX? The ETFs below have the lowest correlation with CWVX — 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 CWVX.
Best Diversifiers for CWVX
0 ETFs have low correlation with CWVX (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator Growth Accelerated Plus ETF - April (QTAP) (Leveraged Equities) with a 1Y correlation of 0.32, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Growth Accelerated Plus ETF - April | 0.32 | 0.32 | 0.32 | 97 | Leveraged Equities | CWVX vs QTAP | |
| GraniteShares 2x Long DELL Daily ETF | 0.33 | — | — | 95 | Leveraged Equities | CWVX vs DLLL | |
| Innovator Growth Accelerated Plus ETF - July | 0.37 | 0.37 | 0.37 | 67 | Leveraged Equities | CWVX vs QTJL |
Diversification Analysis
Build a portfolio that complements CWVX
Add CWVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CWVX