Looking to balance out your exposure to WAFD? The ETFs below have the lowest correlation with WAFD — they tend to move on their own, which can help reduce risk when WAFD drops. The stock ideas table highlights individual companies that behave independently from WAFD.
No Diversifiers Found for WAFD
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WAFD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WAFD and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.42, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.42 | 0.47 | 0.53 | 59 | Financial Services | |
| Bank of America Corporation | 0.49 | 0.61 | 0.63 | 64 | Financial Services | |
| U.S. Bancorp | 0.65 | 0.71 | 0.69 | 69 | Financial Services | |
| First Horizon Corporation | 0.70 | 0.68 | 0.64 | 63 | Financial Services |
Build a portfolio that complements WAFD
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