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
188 ETFs have low correlation with WRND (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.36 | -0.39 | 57 | Cryptocurrency | WRND vs BITI | |
| Invesco DB Energy Fund | -0.29 | -0.08 | — | 53 | Oil & Gas | WRND vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | WRND vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.17 | 0.02 | 0.09 | 51 | Commodities | WRND vs GSG | |
| Alerian Energy Infrastructure ETF | -0.17 | 0.18 | 0.32 | 77 | Energy Equities | WRND vs ENFR |
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