Looking to diversify beyond DWAS? The ETFs below have the lowest correlation with DWAS — 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 DWAS.
Best Diversifiers for DWAS
319 ETFs have low correlation with DWAS (below 0.3), 47 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.23 | -0.04 | 0.13 | 55 | Oil & Gas | DWAS vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | DWAS vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | DWAS vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | DWAS vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.06 | -0.05 | 100 | Ultrashort Bond | DWAS vs SGOV |
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