Looking to diversify beyond WTRE? The ETFs below have the lowest correlation with WTRE — 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 WTRE.
Best Diversifiers for WTRE
294 ETFs have low correlation with WTRE (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 60 | Inverse Equities, Leveraged Equities | WTRE vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 65 | Derivative Income | WTRE vs WNTR | |
| ProShares UltraShort Yen | -0.30 | -0.26 | -0.22 | 75 | Leveraged Currency | WTRE vs YCS | |
| United States Gasoline Fund LP | -0.16 | -0.07 | 0.02 | 72 | Oil & Gas | WTRE vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | -0.12 | -0.12 | 97 | Inflation-Protected Bonds | WTRE vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WTRE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WTRE and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CBL & Associates Properties, Inc. | 0.12 | 0.36 | — | 98 | ||
| Welltower Inc. | 0.13 | 0.39 | 0.48 | 92 | Real Estate | |
| Realty Income Corporation | 0.19 | 0.41 | 0.48 | 72 | Real Estate | |
| EPR Properties | 0.22 | 0.47 | 0.53 | 52 | Real Estate | |
| Medical Properties Trust, Inc | 0.28 | 0.40 | 0.47 | 60 | Real Estate |
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