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
201 ETFs have low correlation with WDIV (below 0.3), 38 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.57, roughly unchanged from -0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.57 | -0.54 | -0.56 | 51 | Currency | WDIV vs UUP | |
| ProShares UltraShort Yen | -0.46 | -0.34 | -0.26 | 72 | Leveraged Currency | WDIV vs YCS | |
| ProShares Short Bitcoin ETF | -0.31 | -0.26 | — | 57 | Cryptocurrency | WDIV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | WDIV vs SBIT | |
| Invesco DB Energy Fund | -0.31 | -0.11 | 0.12 | 53 | Oil & Gas | WDIV vs DBE |
See all 1561 diversifiers for WDIV
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