Skip to main content

Want a detailed portfolio tracker?

OverviewHoldingsPerformanceDividendsSimilar EtfsCorrelations
High CorrelationLow Correlation

27 Stocks and 73 ETFs for diversifying IWMW (ISHARES RUSSELL 2000 BUYWRITE ETF)

The least correlated asset to IWMW (ISHARES RUSSELL 2000 BUYWRITE ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with IWMW

SymbolName
Market cap
SectorIndustry
Correlation
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.76
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.72
PLMIPlum Acquisition Corp I - Class A$192MN/AN/A-0.65
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.63
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.61
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.61
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.59
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.56
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.55
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.54
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.54
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.53
OPTNOptiNose Inc$112MN/AN/A-0.53
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.53
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.52
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.52
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.51
MLGOMicroAlgo Inc$31MTechnologySoftware - Infrastructure-0.50
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.50
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.49
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.48
DMDesktop Metal Inc - Class A$165MN/AN/A-0.48
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.47
ORLAOrla Mining Ltd$3.73BBasic MaterialsGold-0.46
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.46
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.46
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.46

ETFs that lowly correlated with IWMW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-1.00
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.91
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.89
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.89
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.89
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.86
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.85
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.81
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.81
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.80
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.80
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.80
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.80
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.79
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.76
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.76
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.76
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.75
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.75
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.74
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.74
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.73
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.73
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.71
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.71
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.69
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.69
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.67
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.67
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.66
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.65
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.63
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.63
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.61
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.60
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.60
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.59
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.55
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.54
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.53
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.53
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.53
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.53
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.53
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.52
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.52
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.52
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.52
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.52
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.51
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.51
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.51
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.50
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.50
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.48
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.48
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.48
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.47
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.47
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.47
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.46
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.45