Looking to diversify beyond IWR? The ETFs below have the lowest correlation with IWR — 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 IWR.
Best Diversifiers for IWR
258 ETFs have low correlation with IWR (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.09 | -0.05 | 61 | Leveraged Currency | IWR vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | IWR vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | IWR vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | IWR vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | IWR vs CSHP |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IWR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IWR and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.01, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.01 | 0.19 | 0.29 | 69 | Consumer Defensive | |
| Chubb Limited | 0.03 | 0.18 | 0.35 | 68 | Financial Services | |
| Suncor Energy Inc. | 0.03 | 0.22 | 0.34 | 83 | Energy | |
| PepsiCo, Inc. | 0.10 | 0.20 | 0.27 | 59 | Consumer Defensive | |
| AbbVie Inc. | 0.13 | 0.23 | 0.25 | 71 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IWR
Add IWR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IWR