Looking to diversify beyond WEBL? The ETFs below have the lowest correlation with WEBL — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from WEBL.
Best Diversifiers for WEBL
364 ETFs have low correlation with WEBL (below 0.3), 39 of which are negatively correlated. The least correlated is Brookstone Ultra-Short Bond ETF (BAMU) (Ultrashort Bond) with a 1Y correlation of -0.15, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookstone Ultra-Short Bond ETF | -0.15 | -0.00 | -0.00 | 98 | Ultrashort Bond | WEBL vs BAMU | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | WEBL vs IBIC | |
| iShares Core High Dividend ETF | -0.14 | 0.09 | 0.27 | 64 | Dividend, Large Cap Value Equities | WEBL vs HDV | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | -0.00 | -0.00 | 95 | Inflation-Protected Bonds | WEBL vs IBID | |
| Tortoise North American Pipeline Fund | -0.11 | 0.16 | 0.27 | 55 | Energy Equities | WEBL vs TPYP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WEBL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WEBL and solid risk/return profiles. The least correlated is Lumentum Holdings Inc. (LITE) (Technology) with a 1Y correlation of 0.19, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lumentum Holdings Inc. | 0.19 | 0.42 | 0.48 | 99 | Technology | |
| Sandisk Corporation | 0.25 | 0.28 | 0.28 | 100 | Technology | |
| Micron Technology, Inc. | 0.27 | 0.42 | 0.49 | 99 | Technology | |
| Apple Inc | 0.27 | 0.40 | 0.55 | 88 | Technology | |
| Applied Optoelectronics, Inc. | 0.30 | 0.40 | 0.44 | 96 | Technology |
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