Looking to diversify beyond WTMF? The ETFs below have the lowest correlation with WTMF — 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 WTMF.
Best Diversifiers for WTMF
403 ETFs have low correlation with WTMF (below 0.3), 49 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | WTMF vs SBIT | |
| ProShares Short Bitcoin ETF | -0.45 | -0.38 | -0.34 | 57 | Cryptocurrency | WTMF vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 68 | Inverse Equities, Leveraged Equities | WTMF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 70 | Derivative Income | WTMF vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.17 | -0.13 | -0.10 | 51 | Currency | WTMF vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WTMF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WTMF and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.15 | 0.02 | 0.05 | 83 | Consumer Defensive | |
| CareTrust REIT, Inc. | -0.09 | 0.09 | 0.12 | 84 | Real Estate | |
| Monster Beverage Corporation | -0.07 | 0.12 | 0.13 | 93 | Consumer Defensive | |
| Cheniere Energy, Inc. | -0.06 | 0.09 | 0.13 | 58 | Energy | |
| Johnson & Johnson | -0.01 | 0.05 | 0.05 | 97 | Healthcare |
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Build a portfolio that complements WTMF
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