Looking to diversify beyond WEEI? The ETFs below have historically moved differently from WEEI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for WEEI
1598 ETFs have low correlation with WEEI (below 0.3), 1059 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Liberty Federal Intermediate Tax-Free Bon... | -0.27 | — | — | 82 | Municipal Bonds | WEEI vs FLMI | |
| Vanguard Tax-Exempt Bond ETF | -0.27 | -0.08 | -0.08 | 74 | Municipal Bonds | WEEI vs VTEB | |
| BNY Mellon Ultra Short Income ETF | -0.26 | — | — | 99 | Ultrashort Bond | WEEI vs BKUI | |
| State Street Ultra Short Term Bond ETF | -0.26 | -0.16 | -0.16 | 99 | Ultrashort Bond | WEEI vs ULST | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.26 | — | — | 65 | Municipal Bonds | WEEI vs BSMW |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WEEI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is AGNC Investment Corp. (AGNC) (Real Estate) with a 1Y correlation of -0.04, down from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | -0.04 | 0.16 | 0.16 | 79 | Real Estate |
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