Looking to diversify beyond IWML? The ETFs below have the lowest correlation with IWML — 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 IWML.
Best Diversifiers for IWML
327 ETFs have low correlation with IWML (below 0.3), 54 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 60 | Inverse Equities, Leveraged Equities | IWML vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 53 | Inverse Equities | IWML vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 65 | Derivative Income | IWML vs WNTR | |
| United States Gasoline Fund LP | -0.25 | -0.03 | 0.10 | 72 | Oil & Gas | IWML vs UGA | |
| ProShares UltraShort Yen | -0.21 | -0.10 | -0.06 | 75 | Leveraged Currency | IWML vs YCS |
See all 2046 diversifiers for IWML
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