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
568 ETFs have low correlation with GLDW (below 0.3), 22 of which are negatively correlated. The least correlated is TCW AAA CLO ETF (ACLO) (CLO) with a 1Y correlation of -0.16, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW AAA CLO ETF | -0.16 | -0.16 | -0.16 | 99 | CLO | GLDW vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | GLDW vs IBIC | |
| WisdomTree High Income Laddered Municipal ETF | -0.11 | — | — | 68 | High Yield Muni | GLDW vs WTMY | |
| Direxion Daily NFLX Bear 1X Shares | -0.09 | -0.09 | -0.09 | 55 | Inverse Equities | GLDW vs NFXS | |
| United States Gasoline Fund LP | -0.09 | -0.09 | -0.09 | 55 | Oil & Gas | GLDW vs UGA |
See all 1926 diversifiers for GLDW
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