Looking to diversify beyond WEAT? The ETFs below have the lowest correlation with WEAT — 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 WEAT.
Best Diversifiers for WEAT
1582 ETFs have low correlation with WEAT (below 0.3), 1411 of which are negatively correlated. The least correlated is Innovator Equity Defined Protection ETF - 2 Yr To January 2026 (AJAN) (Options Trading) with a 1Y correlation of -0.25, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 2 Yr To ... | -0.25 | -0.08 | -0.08 | 77 | Options Trading | WEAT vs AJAN | |
| Allianzim U.S. Large Cap 6 Month Floor5 Jan/Jul ET... | -0.22 | -0.05 | -0.05 | 89 | Options Trading | WEAT vs FLJJ | |
| Global X Dow 30 Covered Call ETF | -0.21 | -0.08 | — | 51 | Derivative Income | WEAT vs DJIA | |
| FT Cboe Vest U.S. Equity Moderate Buffer ETF - Mar... | -0.21 | -0.05 | -0.04 | 97 | Options Trading | WEAT vs GMAR | |
| Innovator Premium Income 20 Barrier ETF - April | -0.21 | -0.04 | — | 93 | Options Trading | WEAT vs APRH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WEAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WEAT and solid risk/return profiles. The least correlated is American Superconductor Corporation (AMSC) (Industrials) with a 1Y correlation of -0.11, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| American Superconductor Corporation | -0.11 | -0.06 | -0.00 | 61 | Industrials | |
| Kraken Robotics Inc | -0.10 | -0.03 | -0.03 | 92 | Technology | |
| Ambarella, Inc. | -0.08 | -0.04 | -0.02 | 58 | Technology | |
| STMicroelectronics N.V. | -0.05 | -0.03 | -0.01 | 94 | Technology | |
| Ituran Location and Control Ltd. | -0.04 | -0.01 | -0.02 | 88 | Technology |
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