Looking to balance out your exposure to AWI? The ETFs below have the lowest correlation with AWI — they tend to move on their own, which can help reduce risk when AWI drops. The stock ideas table highlights individual companies that behave independently from AWI.
Best Diversifiers for AWI
0 ETFs have low correlation with AWI (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.44, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.44 | 0.56 | 0.62 | 60 | S&P 500 | AWI vs VOO | |
| State Street SPDR S&P 500 ETF | 0.45 | 0.56 | 0.62 | 60 | S&P 500 | AWI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AWI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AWI and solid risk/return profiles. The least correlated is CF Industries Holdings, Inc. (CF) (Basic Materials) with a 1Y correlation of -0.07, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | -0.07 | 0.08 | 0.14 | 51 | Basic Materials | |
| Energy Transfer LP | -0.06 | 0.21 | 0.30 | 70 | Energy | |
| Praxis Precision Medicines, Inc. | 0.04 | 0.16 | 0.18 | 98 | Healthcare | |
| NVIDIA Corporation | 0.12 | 0.26 | 0.37 | 70 | Technology | |
| Celestica Inc. | 0.14 | 0.29 | 0.37 | 88 | Technology |
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