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
350 ETFs have low correlation with WUGI (below 0.3), 86 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.27 | -0.02 | 0.05 | 66 | Oil & Gas | WUGI vs USO | |
| Invesco DB Energy Fund | -0.26 | -0.03 | 0.07 | 71 | Oil & Gas | WUGI vs DBE | |
| United States Brent Oil Fund LP | -0.25 | -0.01 | 0.06 | 65 | Oil & Gas | WUGI vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | -0.02 | -0.02 | 56 | Derivative Income | WUGI vs USOY | |
| United States Gasoline Fund LP | -0.22 | -0.02 | 0.06 | 69 | Oil & Gas | WUGI vs UGA |
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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 -0.17, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.17 | -0.04 | 0.09 | 83 | Energy | |
| Rocket Lab USA, Inc. | 0.41 | 0.43 | 0.46 | 93 | Industrials | |
| AppLovin Corporation | 0.42 | 0.49 | 0.59 | 59 | Technology | |
| D-Wave Quantum Inc | 0.47 | 0.40 | 0.34 | 59 | Technology | |
| Nebius Group N.V. | 0.47 | — | — | 97 | Communication Services |
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