Looking to diversify beyond WTAI? The ETFs below have the lowest correlation with WTAI — 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 WTAI.
Best Diversifiers for WTAI
348 ETFs have low correlation with WTAI (below 0.3), 80 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.25, down from -0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.25 | -0.02 | — | 66 | Oil & Gas | WTAI vs USO | |
| Invesco DB Energy Fund | -0.23 | -0.02 | — | 71 | Oil & Gas | WTAI vs DBE | |
| United States Brent Oil Fund LP | -0.22 | -0.01 | — | 65 | Oil & Gas | WTAI vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.21 | — | — | 56 | Derivative Income | WTAI vs USOY | |
| United States Gasoline Fund LP | -0.19 | -0.01 | — | 71 | Oil & Gas | WTAI vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WTAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WTAI and solid risk/return profiles. The least correlated is Medical Properties Trust, Inc (MPT) (Real Estate) with a 1Y correlation of 0.05, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Medical Properties Trust, Inc | 0.05 | 0.21 | 0.28 | 56 | Real Estate | |
| NVIDIA Corporation | 0.57 | 0.63 | — | 82 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.65 | 0.69 | — | 95 | Technology |
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