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
754 ETFs have low correlation with WAGN (below 0.3), 362 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.66, roughly unchanged from -0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.66 | -0.66 | -0.66 | 66 | Systematic Trend | WAGN vs FFUT | |
| Direxion Daily CSI 300 China A Share Bull 2x Share... | -0.64 | -0.64 | -0.64 | 60 | China Equities, Leveraged Equities, Asia Pacific Equities | WAGN vs CHAU | |
| VanEck Vectors ChinaAMC SME-ChiNext ETF | -0.57 | -0.57 | -0.57 | 91 | China Equities, Asia Pacific Equities | WAGN vs CNXT | |
| iShares MSCI China A ETF | -0.57 | -0.57 | -0.57 | 61 | China Equities, Asia Pacific Equities | WAGN vs CNYA | |
| Invesco Electric Vehicle Metals Commodity Strategy... | -0.57 | -0.57 | -0.57 | 66 | Commodities | WAGN vs EVMT |
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