Looking to diversify beyond GLDW? The ETFs below have the lowest correlation with GLDW — 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 GLDW.
Best Diversifiers for GLDW
819 ETFs have low correlation with GLDW (below 0.3), 37 of which are negatively correlated. The least correlated is F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) (Inflation-Protected Bonds) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | -0.18 | -0.18 | 98 | Inflation-Protected Bonds | GLDW vs RBIL | |
| ProShares UltraShort Yen | -0.16 | -0.16 | -0.16 | 63 | Leveraged Currency | GLDW vs YCS | |
| TCW AAA CLO ETF | -0.14 | -0.14 | -0.14 | 99 | CLO | GLDW vs ACLO | |
| First Trust Merger Arbitrage ETF | -0.11 | -0.11 | -0.11 | 50 | Long-Short | GLDW vs MARB | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.10 | -0.10 | 100 | Government Bonds, Ultrashort Bond | GLDW vs BIL |
See all 2163 diversifiers for GLDW
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Diversification Analysis
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