Looking to diversify beyond WSML? The ETFs below have the lowest correlation with WSML — 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 WSML.
Best Diversifiers for WSML
1 ETFs have low correlation with WSML (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.11, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.08 | -0.08 | 100 | Ultrashort Bond | WSML vs SGOV | |
| Cambria Foreign Shareholder Yield ETF | 0.60 | — | — | 94 | Global Equities | WSML vs FYLD | |
| Altrius Global Dividend ETF | 0.63 | — | — | 88 | Global Equities | WSML vs DIVD | |
| iShares Semiconductor ETF | 0.65 | — | — | 91 | Semiconductors, Technology Equities | WSML vs SOXX | |
| Tema Electrification ETF | 0.67 | — | — | 77 | Global Equities | WSML vs VOLT |
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