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
239 ETFs have low correlation with WTRE (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.26 | -0.23 | 61 | Leveraged Currency | WTRE vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | WTRE vs IBIC | |
| Roundhill Weekly T-Bill ETF | -0.11 | — | — | 99 | Ultrashort Bond | WTRE vs WEEK | |
| Brookstone Ultra-Short Bond ETF | -0.10 | — | — | 98 | Ultrashort Bond | WTRE vs BAMU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.05 | 0.01 | 100 | Government Bonds, Ultrashort Bond | WTRE vs BIL |
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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. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.17, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.17 | 0.42 | 0.49 | 85 | Real Estate |
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