Looking to diversify beyond WXET? The ETFs below have the lowest correlation with WXET — 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 WXET.
Best Diversifiers for WXET
1110 ETFs have low correlation with WXET (below 0.3), 1012 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares High Yield Corporate Bond Buywrite Strateg... | -0.23 | — | — | 85 | High Yield Bonds | WXET vs HYGW | |
| Franklin Ultra Short Bond ETF | -0.21 | — | — | 96 | Ultrashort Bond | WXET vs FLUD | |
| FT Vest High Yield & Target Income ETF | -0.20 | — | — | 63 | Derivative Income | WXET vs HYTI | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.20 | — | — | 72 | Municipal Bonds | WXET vs BSMW | |
| iShares Neuroscience and Healthcare ETF | -0.20 | -0.09 | -0.09 | 93 | Health & Biotech Equities | WXET vs IBRN |
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