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
899 ETFs have low correlation with WCBR (below 0.3), 49 of which are negatively correlated. The least correlated is iShares Enhanced Short-Term Bond Active ETF (CSHP) (Ultrashort Bond) with a 1Y correlation of -0.16, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | -0.01 | -0.01 | 100 | Ultrashort Bond | WCBR vs CSHP | |
| Breakwave Tanker Shipping ETF | -0.12 | -0.06 | — | 99 | Commodities | WCBR vs BWET | |
| iShares Diversified Commodity Swap UCITS ETF | -0.09 | -0.03 | -0.04 | 83 | Commodities | WCBR vs ISCMF | |
| iShares Core High Dividend ETF | -0.08 | 0.11 | 0.20 | 64 | Dividend, Large Cap Value Equities | WCBR vs HDV | |
| Eaton Vance Ultra-Short Income ETF | -0.07 | — | — | 99 | Ultrashort Bond | WCBR vs EVSB |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WCBR
Add WCBR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WCBR