Looking to balance out your exposure to WF? The ETFs below have the lowest correlation with WF — they tend to move on their own, which can help reduce risk when WF drops. The stock ideas table highlights individual companies that behave independently from WF.
Best Diversifiers for WF
2 ETFs have low correlation with WF (below 0.3), 0 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of 0.00, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.00 | 0.13 | 0.22 | 59 | Energy Equities | WF vs XLE | |
| WisdomTree Japan Hedged Equity Fund | 0.29 | 0.27 | 0.33 | 94 | Japan Equities, Asia Pacific Equities | WF vs DXJ | |
| Nomura Focused Emerging Markets Equity ETF | 0.33 | — | — | 91 | Emerging Markets Diversified | WF vs EMEQ | |
| iShares MSCI Poland ETF | 0.35 | 0.41 | 0.42 | 55 | Europe Equities | WF vs EPOL | |
| iShares MSCI Austria ETF | 0.39 | 0.37 | 0.43 | 83 | Europe Equities | WF vs EWO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WF and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.03, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.03 | 0.08 | 0.18 | 78 | Energy | |
| Vista Oil & Gas, S.A.B. de C.V. | 0.00 | 0.11 | 0.17 | 70 | Energy | |
| Elbit Systems Ltd | 0.06 | 0.12 | 0.15 | 83 | Industrials | |
| L3Harris Technologies, Inc. | 0.10 | 0.14 | 0.14 | 54 | Industrials | |
| Millicom International Cellular S.A. | 0.14 | 0.18 | 0.25 | 98 | Communication Services |
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Build a portfolio that complements WF
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