Looking to balance out your exposure to MKTW? The ETFs below have the lowest correlation with MKTW — they tend to move on their own, which can help reduce risk when MKTW drops. The stock ideas table highlights individual companies that behave independently from MKTW.
Best Diversifiers for MKTW
1 ETFs have low correlation with MKTW (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 0.17, roughly unchanged from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.17 | 0.21 | — | 70 | S&P 500 | MKTW vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MKTW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MKTW and solid risk/return profiles. The least correlated is British American Tobacco p.l.c. (BTI) (Consumer Defensive) with a 1Y correlation of 0.06, roughly unchanged from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| British American Tobacco p.l.c. | 0.06 | 0.09 | — | 77 | Consumer Defensive |
Build a portfolio that complements MKTW
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