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
158 ETFs have low correlation with WEEL (below 0.3), 17 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.17, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | WEEL vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | -0.05 | -0.05 | 95 | Inflation-Protected Bonds | WEEL vs IBID | |
| iShares Diversified Commodity Swap UCITS ETF | -0.12 | -0.03 | -0.03 | 78 | Commodities | WEEL vs ISCMF | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | WEEL vs BIL | |
| Breakwave Dry Bulk Shipping ETF | -0.05 | -0.02 | -0.02 | 75 | Commodities | WEEL vs BDRY |
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