Looking to balance out your exposure to NWSA? The ETFs below have the lowest correlation with NWSA — they tend to move on their own, which can help reduce risk when NWSA drops. The stock ideas table highlights individual companies that behave independently from NWSA.
Best Diversifiers for NWSA
0 ETFs have low correlation with NWSA (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 0.35, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.35 | 0.47 | 0.58 | 74 | S&P 500 | NWSA vs VOO | |
| State Street SPDR S&P 500 ETF | 0.37 | 0.48 | 0.58 | 74 | S&P 500 | NWSA vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NWSA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NWSA and solid risk/return profiles. The least correlated is América Móvil, S.A.B. de C.V. (AMX) (Communication Services) with a 1Y correlation of -0.01, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| América Móvil, S.A.B. de C.V. | -0.01 | 0.14 | 0.19 | 88 | Communication Services | |
| Verizon Communications Inc. | 0.09 | 0.11 | 0.17 | 56 | Communication Services | |
| Alphabet Inc. Class A | 0.21 | 0.28 | 0.38 | 96 | Communication Services | |
| TKO Group Holdings Inc. | 0.23 | — | — | 64 | Communication Services | |
| NXP Semiconductors N.V. | 0.23 | 0.36 | 0.46 | 78 | Technology |
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