Looking to diversify beyond WTID? The ETFs below have the lowest correlation with WTID — 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 WTID.
Best Diversifiers for WTID
1046 ETFs have low correlation with WTID (below 0.3), 231 of which are negatively correlated. The least correlated is FT Energy Income Partners Strategy ETF (EIPX) (Energy Equities) with a 1Y correlation of -0.74, roughly unchanged from -0.78 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -0.74 | -0.78 | — | 83 | Energy Equities | WTID vs EIPX | |
| iShares North American Natural Resources ETF | -0.72 | -0.83 | — | 64 | Energy Equities | WTID vs IGE | |
| iShares U.S. Oil Equipment & Services ETF | -0.64 | -0.73 | — | 74 | Energy Equities | WTID vs IEZ | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.60 | -0.55 | — | 55 | Commodities | WTID vs FTGC | |
| VanEck Oil Refiners ETF | -0.60 | -0.66 | -0.68 | 69 | Energy Equities | WTID vs CRAK |
See all 1053 diversifiers for WTID
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WTID
Add WTID to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WTID