Looking to diversify beyond WMTI? The ETFs below have the lowest correlation with WMTI — 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 WMTI.
Best Diversifiers for WMTI
1426 ETFs have low correlation with WMTI (below 0.3), 661 of which are negatively correlated. The least correlated is Esoterica NextG Economy ETF (WUGI) (Large Cap Growth Equities) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Esoterica NextG Economy ETF | -0.18 | -0.18 | -0.18 | 51 | Large Cap Growth Equities | WMTI vs WUGI | |
| ROBO Global Artificial Intelligence ETF | -0.18 | -0.18 | -0.18 | 70 | Technology Equities | WMTI vs THNQ | |
| Alger AI Enablers & Adopters ETF | -0.18 | — | — | 62 | Technology Equities | WMTI vs ALAI | |
| Fidelity MSCI Information Technology Index ETF | -0.17 | -0.17 | -0.17 | 60 | Technology Equities | WMTI vs FTEC | |
| Direxion Daily Technology Bull 3X Shares | -0.17 | -0.17 | -0.17 | 65 | Leveraged Equities, Technology Equities | WMTI vs TECL |
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