Looking to diversify beyond WTV? The ETFs below have historically moved differently from WTV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for WTV
348 ETFs have low correlation with WTV (below 0.3), 49 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 61 | Inverse Equities, Leveraged Equities | WTV vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.30 | — | — | 75 | Derivative Income | WTV vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.30 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | WTV vs SBIT | |
| ProShares Short Bitcoin ETF | -0.29 | -0.30 | — | 61 | Cryptocurrency | WTV vs BITI | |
| Alpha Architect Tail Risk ETF | -0.28 | -0.07 | 0.06 | 56 | Options Trading | WTV vs CAOS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WTV, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of 0.11, down from 0.44 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | 0.11 | 0.35 | 0.44 | 89 | Energy | |
| BlackRock Science and Technology Trust | 0.27 | 0.42 | 0.56 | 80 | Financial Services | |
| Apple Inc | 0.35 | 0.37 | 0.50 | 89 | Technology | |
| American Express Company | 0.57 | 0.61 | 0.65 | 58 | Financial Services |
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