Looking to balance out your exposure to WB? The ETFs below have the lowest correlation with WB — they tend to move on their own, which can help reduce risk when WB drops. The stock ideas table highlights individual companies that behave independently from WB.
Best Diversifiers for WB
0 ETFs have low correlation with WB (below 0.3), 0 of which are negatively correlated. The least correlated is iShares U.S. Technology ETF (IYW) (Technology Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares U.S. Technology ETF | 0.36 | 0.27 | 0.31 | 75 | Technology Equities | WB vs IYW | |
| Vanguard S&P 500 ETF | 0.36 | 0.31 | 0.31 | 70 | S&P 500 | WB vs VOO | |
| State Street SPDR S&P 500 ETF | 0.37 | 0.30 | 0.31 | 70 | S&P 500 | WB vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WB and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.06, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.06 | 0.09 | 0.09 | 85 | Energy | |
| Lamar Advertising Company (REIT) | 0.14 | 0.20 | 0.23 | 78 | Real Estate |
Build a portfolio that complements WB
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