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Looking to diversify beyond WLDR? The ETFs below have the lowest correlation with WLDR — 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 WLDR.

Best Diversifiers for WLDR

228 ETFs have low correlation with WLDR (below 0.3), 32 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.11 over 5 years.


See all 1469 diversifiers for WLDR

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from WLDR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WLDR and solid risk/return profiles. The least correlated is CareTrust REIT, Inc. (CTRE) (Real Estate) with a 1Y correlation of 0.10, down from 0.31 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
CareTrust REIT, Inc.0.100.220.31
78
Real Estate
Delek Group Ltd0.150.160.14
71
Energy
Kenon Holdings Ltd.0.320.320.39
85
Utilities
Celestica Inc.0.500.510.56
88
Technology

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Diversification Analysis

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