Looking to diversify beyond WFIG? The ETFs below have historically moved differently from WFIG, 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 WFIG
269 ETFs have low correlation with WFIG (below 0.3), 60 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.42, down from -0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.42 | -0.22 | -0.13 | 52 | Oil & Gas | WFIG vs BNO | |
| Invesco DB Oil Fund | -0.41 | -0.22 | -0.12 | 58 | Oil & Gas | WFIG vs DBO | |
| Invesco DB Energy Fund | -0.40 | -0.22 | -0.12 | 72 | Oil & Gas | WFIG vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.38 | -0.18 | -0.09 | 58 | Commodities | WFIG vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.17 | -0.08 | 67 | Commodities | WFIG vs GSG |
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