Looking to balance out your exposure to TDW? The ETFs below have the lowest correlation with TDW — they tend to move on their own, which can help reduce risk when TDW drops. The stock ideas table highlights individual companies that behave independently from TDW.
Best Diversifiers for TDW
10 ETFs have low correlation with TDW (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 0.10 | — | — | 96 | Emerging Markets Diversified | TDW vs EMEQ | |
| Franklin FTSE South Korea ETF | 0.14 | 0.18 | 0.18 | 96 | Asia Pacific Equities | TDW vs FLKR | |
| State Street SPDR S&P 500 ETF | 0.15 | 0.24 | 0.24 | 70 | S&P 500 | TDW vs SPY | |
| Vanguard S&P 500 ETF | 0.15 | 0.24 | 0.24 | 70 | S&P 500 | TDW vs VOO | |
| Vanguard Russell 3000 ETF | 0.17 | 0.26 | 0.25 | 67 | Large Cap Blend Equities | TDW vs VTHR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TDW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TDW and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.05, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.05 | 0.15 | 0.16 | 85 | Technology | |
| Micron Technology, Inc. | 0.04 | 0.21 | 0.18 | 99 | Technology | |
| Comfort Systems USA, Inc. | 0.05 | 0.21 | 0.24 | 98 | Industrials | |
| NVIDIA Corporation | 0.06 | 0.16 | 0.14 | 78 | Technology | |
| IonQ, Inc. | 0.06 | 0.19 | 0.17 | 64 | Technology |
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