Looking to diversify beyond IWMI? The ETFs below have the lowest correlation with IWMI — 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 IWMI.
Best Diversifiers for IWMI
284 ETFs have low correlation with IWMI (below 0.3), 34 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.20 | — | — | 55 | Oil & Gas | IWMI vs UGA | |
| ProShares UltraShort Yen | -0.18 | — | — | 63 | Leveraged Currency | IWMI vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | IWMI vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | IWMI vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | — | — | 100 | Government Bonds, Ultrashort Bond | IWMI vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IWMI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IWMI and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.16, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.16 | -0.07 | -0.07 | 72 | Consumer Defensive | |
| The Coca-Cola Company | -0.11 | -0.02 | -0.02 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.09 | 0.09 | 0.09 | 72 | Energy | |
| Duke Energy Corporation | -0.07 | -0.02 | -0.02 | 62 | Utilities | |
| Chubb Limited | -0.07 | 0.07 | 0.07 | 69 | Financial Services |
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