Looking to diversify beyond WLDR? The ETFs below have historically moved differently from WLDR, 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 WLDR
348 ETFs have low correlation with WLDR (below 0.3), 71 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.35 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | — | 51 | Cryptocurrency | WLDR vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 69 | Derivative Income | WLDR vs WNTR | |
| Invesco DB Energy Fund | -0.22 | -0.04 | 0.12 | 66 | Oil & Gas | WLDR vs DBE | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.20 | -0.16 | -0.07 | 51 | Nontraditional Bonds | WLDR vs RISR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | WLDR vs RBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WLDR, 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 CareTrust REIT, Inc. (CTRE) (Real Estate) with a 1Y correlation of -0.00, down from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CareTrust REIT, Inc. | -0.00 | 0.19 | 0.29 | 81 | Real Estate | |
| Dow Inc. | 0.04 | 0.26 | 0.41 | 73 | Basic Materials | |
| Delek Group Ltd | 0.10 | 0.15 | 0.13 | 71 | Energy | |
| Kenon Holdings Ltd. | 0.34 | 0.33 | 0.39 | 75 | Utilities | |
| Celestica Inc. | 0.50 | 0.51 | 0.55 | 76 | Technology |
Build a portfolio that complements WLDR
Add WLDR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WLDR