Looking to diversify beyond WEEL? The ETFs below have the lowest correlation with WEEL — 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 WEEL.
Best Diversifiers for WEEL
210 ETFs have low correlation with WEEL (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | — | — | 71 | Oil & Gas | WEEL vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.21 | 0.04 | — | 56 | Derivative Income | WEEL vs USOY | |
| United States Brent Oil Fund LP | -0.19 | 0.04 | 0.04 | 65 | Oil & Gas | WEEL vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | WEEL vs IBIC | |
| Invesco DB Oil Fund | -0.16 | 0.07 | 0.07 | 65 | Oil & Gas | WEEL vs DBO |
See all 1224 diversifiers for WEEL
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WEEL
Add WEEL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WEEL