Looking to diversify beyond WRND? The ETFs below have the lowest correlation with WRND — 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 WRND.
Best Diversifiers for WRND
189 ETFs have low correlation with WRND (below 0.3), 42 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.37, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.37 | -0.09 | 0.01 | 71 | Oil & Gas | WRND vs DBE | |
| United States Brent Oil Fund LP | -0.35 | -0.07 | — | 65 | Oil & Gas | WRND vs BNO | |
| Invesco DB Oil Fund | -0.31 | -0.06 | — | 65 | Oil & Gas | WRND vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.27 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | WRND vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.25 | 0.02 | 0.09 | 71 | Commodities | WRND vs GSG |
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