Looking to balance out your exposure to WERN? The ETFs below have the lowest correlation with WERN — they tend to move on their own, which can help reduce risk when WERN drops. The stock ideas table highlights individual companies that behave independently from WERN.
Best Diversifiers for WERN
0 ETFs have low correlation with WERN (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.33, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.33 | 0.38 | 0.44 | 74 | S&P 500 | WERN vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WERN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WERN and solid risk/return profiles. The least correlated is Fluence Energy, Inc. (FLNC) (Utilities) with a 1Y correlation of 0.12, roughly unchanged from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fluence Energy, Inc. | 0.12 | 0.21 | — | 93 | Utilities | |
| Knight-Swift Transportation Holdings Inc. | 0.78 | 0.76 | 0.79 | 87 | Industrials |
Build a portfolio that complements WERN
Add WERN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WERN