Looking to diversify beyond WUGI? The ETFs below have the lowest correlation with WUGI — 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 WUGI.
Best Diversifiers for WUGI
428 ETFs have low correlation with WUGI (below 0.3), 101 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 | -0.44 | — | — | 70 | Inverse Equities, Leveraged Equities | WUGI vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.34 | -0.38 | 52 | Cryptocurrency | WUGI vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 73 | Derivative Income | WUGI vs WNTR | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.24 | 0.01 | 0.19 | 87 | Large Cap Value Equities, Dividend | WUGI vs FDL | |
| iShares Core High Dividend ETF | -0.23 | -0.05 | 0.17 | 85 | Dividend, Large Cap Value Equities | WUGI vs HDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WUGI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WUGI and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.14, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.14 | -0.05 | 0.06 | 74 | Energy | |
| AppLovin Corporation | 0.36 | 0.48 | 0.58 | 56 | Communication Services | |
| Rocket Lab USA, Inc. | 0.41 | 0.42 | 0.46 | 62 | Industrials | |
| Nebius Group N.V. | 0.49 | 0.53 | 0.53 | 91 | Communication Services |
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