Looking to balance out your exposure to WELL? The ETFs below have the lowest correlation with WELL — they tend to move on their own, which can help reduce risk when WELL drops. The stock ideas table highlights individual companies that behave independently from WELL.
Best Diversifiers for WELL
256 ETFs have low correlation with WELL (below 0.3), 107 of which are negatively correlated. The least correlated is Roundhill Generative AI & Technology ETF (CHAT) (Technology Equities) with a 1Y correlation of -0.17, down from 0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Generative AI & Technology ETF | -0.17 | 0.02 | — | 74 | Technology Equities | WELL vs CHAT | |
| Vanguard Information Technology ETF | -0.17 | 0.04 | 0.18 | 50 | Technology Equities | WELL vs VGT | |
| SP Funds S&P Global Technology ETF | -0.16 | — | — | 69 | Technology Equities | WELL vs SPTE | |
| iShares Expanded Tech Sector ETF | -0.16 | 0.04 | 0.18 | 54 | Technology Equities | WELL vs IGM | |
| Fidelity MSCI Information Technology Index ETF | -0.16 | 0.04 | 0.18 | 51 | Technology Equities | WELL vs FTEC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WELL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WELL and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.17, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.17 | 0.01 | 0.12 | 67 | Technology | |
| Astera Labs, Inc. | -0.17 | — | — | 90 | Technology | |
| Arista Networks, Inc. | -0.15 | 0.01 | 0.11 | 74 | Technology | |
| CrowdStrike Holdings, Inc. | -0.15 | 0.04 | 0.10 | 81 | Technology | |
| Arm Holdings plc American Depositary Shares | -0.15 | 0.01 | 0.01 | 74 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WELL
Add WELL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WELL