Looking to diversify beyond DWAW? The ETFs below have the lowest correlation with DWAW — 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 DWAW.
Best Diversifiers for DWAW
292 ETFs have low correlation with DWAW (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 -0.27, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.27 | -0.06 | 0.07 | 55 | Oil & Gas | DWAW vs UGA | |
| ProShares UltraShort Yen | -0.26 | -0.09 | -0.06 | 63 | Leveraged Currency | DWAW vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | — | — | 97 | Inflation-Protected Bonds | DWAW vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | DWAW vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.05 | -0.02 | 100 | Ultrashort Bond | DWAW vs SGOV |
See all 1944 diversifiers for DWAW
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DWAW
Add DWAW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DWAW