Looking to diversify beyond WCLD? The ETFs below have the lowest correlation with WCLD — 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 WCLD.
Best Diversifiers for WCLD
872 ETFs have low correlation with WCLD (below 0.3), 31 of which are negatively correlated. The least correlated is Breakwave Tanker Shipping ETF (BWET) (Commodities) with a 1Y correlation of -0.11, roughly unchanged from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.11 | -0.05 | — | 98 | Commodities | WCLD vs BWET | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | WCLD vs CSHP | |
| iShares Core High Dividend ETF | -0.10 | 0.15 | 0.25 | 64 | Dividend, Large Cap Value Equities | WCLD vs HDV | |
| iShares Diversified Commodity Swap UCITS ETF | -0.07 | 0.00 | — | 77 | Commodities | WCLD vs ISCMF | |
| First Trust North American Energy Infrastructure F... | -0.07 | 0.20 | 0.27 | 65 | MLPs | WCLD vs EMLP |
See all 1575 diversifiers for WCLD
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