Looking to diversify beyond EWW? The ETFs below have the lowest correlation with EWW — 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 EWW.
Best Diversifiers for EWW
407 ETFs have low correlation with EWW (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.16 | -0.14 | 61 | Leveraged Currency | EWW vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.27 | — | — | 98 | Inflation-Protected Bonds | EWW vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | EWW vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | — | — | 95 | Inflation-Protected Bonds | EWW vs IBID | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.02 | -0.02 | 100 | Ultrashort Bond | EWW vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EWW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EWW and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.03, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.03 | 0.12 | 0.21 | 68 | Energy | |
| Elbit Systems Ltd | 0.07 | 0.10 | 0.17 | 84 | Industrials | |
| Palo Alto Networks, Inc. | 0.07 | 0.12 | 0.20 | 69 | Technology | |
| CVS Health Corporation | 0.13 | 0.11 | 0.15 | 85 | Healthcare | |
| American Express Company | 0.22 | 0.28 | 0.37 | 56 | Financial Services |
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Build a portfolio that complements EWW
Add EWW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EWW