Looking to diversify beyond WCBR? The ETFs below have the lowest correlation with WCBR — 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 WCBR.
Best Diversifiers for WCBR
926 ETFs have low correlation with WCBR (below 0.3), 52 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.38, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.38 | -0.38 | -0.38 | 99 | Leveraged Equities, Semiconductors | WCBR vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 65 | Inverse Equities, Leveraged Equities | WCBR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | — | — | 70 | Derivative Income | WCBR vs WNTR | |
| ProShares Short Bitcoin ETF | -0.27 | -0.27 | -0.31 | 53 | Cryptocurrency | WCBR vs BITI | |
| Breakwave Tanker Shipping ETF | -0.14 | -0.08 | — | 99 | Commodities | WCBR vs BWET |
See all 1572 diversifiers for WCBR
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