Looking to diversify beyond WAGN? The ETFs below have the lowest correlation with WAGN — 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 WAGN.
Best Diversifiers for WAGN
145 ETFs have low correlation with WAGN (below 0.3), 23 of which are negatively correlated. The least correlated is Alpha Architect 1-3 Month Box ETF (BOXX) (Ultrashort Bond) with a 1Y correlation of -0.13, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | -0.13 | -0.13 | -0.13 | 100 | Ultrashort Bond | WAGN vs BOXX | |
| Calvert Ultra-Short Investment Grade ETF | -0.05 | -0.05 | -0.05 | 98 | Ultrashort Bond | WAGN vs CVSB | |
| iShares Diversified Commodity Swap UCITS ETF | -0.05 | -0.05 | -0.05 | 77 | Commodities | WAGN vs ISCMF | |
| First Trust Managed Futures Strategy Fund | -0.05 | -0.05 | -0.05 | 75 | Hedge Fund | WAGN vs FMF | |
| Alerian Energy Infrastructure ETF | -0.05 | -0.05 | -0.05 | 50 | Energy Equities | WAGN vs ENFR |
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