Looking to diversify beyond REW? The ETFs below have the lowest correlation with REW — 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 REW.
Best Diversifiers for REW
1149 ETFs have low correlation with REW (below 0.3), 1122 of which are negatively correlated. The least correlated is State Street Technology Select Sector SPDR ETF (XLK) (Technology Equities) with a 1Y correlation of -1.00, roughly unchanged from -0.99 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Technology Select Sector SPDR ETF | -1.00 | -0.99 | -0.99 | 77 | Technology Equities | REW vs XLK | |
| Fidelity MSCI Information Technology Index ETF | -0.99 | -0.98 | -0.99 | 70 | Technology Equities | REW vs FTEC | |
| iShares U.S. Technology ETF | -0.98 | -0.98 | -0.99 | 70 | Technology Equities | REW vs IYW | |
| iShares Global Tech ETF | -0.98 | -0.98 | -0.98 | 85 | Technology Equities | REW vs IXN | |
| iShares Expanded Tech Sector ETF | -0.98 | -0.97 | -0.98 | 71 | Technology Equities | REW vs IGM |
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