Looking to diversify beyond WDIV? The ETFs below have the lowest correlation with WDIV — 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 WDIV.
Best Diversifiers for WDIV
235 ETFs have low correlation with WDIV (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, down from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.33 | -0.25 | 61 | Leveraged Currency | WDIV vs YCS | |
| Invesco DB Energy Fund | -0.37 | -0.07 | 0.13 | 71 | Oil & Gas | WDIV vs DBE | |
| United States Oil Fund LP | -0.36 | -0.06 | 0.13 | 66 | Oil & Gas | WDIV vs USO | |
| United States Brent Oil Fund LP | -0.36 | -0.07 | 0.12 | 65 | Oil & Gas | WDIV vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.35 | — | — | 56 | Derivative Income | WDIV vs USOY |
See all 1606 diversifiers for WDIV
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