Looking to diversify beyond IWFL? The ETFs below have historically moved differently from IWFL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for IWFL
568 ETFs have low correlation with IWFL (below 0.3), 119 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.50 | — | — | 52 | Inverse Equities | IWFL vs SMST | |
| ProShares Short Bitcoin ETF | -0.49 | -0.36 | — | 61 | Cryptocurrency | IWFL vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 61 | Inverse Equities, Leveraged Equities | IWFL vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.49 | -0.42 | -0.42 | 55 | Cryptocurrency, Leveraged Cryptocurrency | IWFL vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 75 | Derivative Income | IWFL vs WNTR |
See all 2225 diversifiers for IWFL
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