Looking to diversify beyond IWFL? The ETFs below have the lowest correlation with IWFL — 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 IWFL.
Best Diversifiers for IWFL
391 ETFs have low correlation with IWFL (below 0.3), 62 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.24, up from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.24 | -0.39 | -0.39 | 55 | Inverse Equities | IWFL vs NFXS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | IWFL vs IBIC | |
| United States Gasoline Fund LP | -0.23 | -0.05 | 0.04 | 55 | Oil & Gas | IWFL vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | -0.20 | -0.20 | 97 | Inflation-Protected Bonds | IWFL vs RBIL | |
| Brookstone Ultra-Short Bond ETF | -0.19 | -0.02 | -0.02 | 98 | Ultrashort Bond | IWFL vs BAMU |
See all 1939 diversifiers for IWFL
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