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 - July (QTJL) (Leveraged Equities) with a 1Y correlation of 0.37, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Growth Accelerated Plus ETF - July | 0.37 | 0.37 | 0.37 | 67 | Leveraged Equities | CWVX vs QTJL | |
| Direxion Daily South Korea Bull 3X Shares | 0.44 | 0.44 | 0.44 | 93 | Leveraged Equities | CWVX vs KORU |
Diversification Analysis
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