Looking to balance out your exposure to WFC? The ETFs below have the lowest correlation with WFC — they tend to move on their own, which can help reduce risk when WFC drops. The stock ideas table highlights individual companies that behave independently from WFC.
Best Diversifiers for WFC
105 ETFs have low correlation with WFC (below 0.3), 10 of which are negatively correlated. The least correlated is iShares 0-5 Year TIPS Bond ETF (STIP) (Inflation-Protected Bonds) with a 1Y correlation of -0.13, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-5 Year TIPS Bond ETF | -0.13 | -0.04 | -0.02 | 93 | Inflation-Protected Bonds | WFC vs STIP | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.12 | -0.04 | -0.02 | 93 | Inflation-Protected Bonds | WFC vs VTIP | |
| ProShares Ultra Bloomberg Crude Oil | -0.07 | 0.01 | 0.12 | 54 | Leveraged Commodities | WFC vs UCO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.06 | -0.02 | 100 | Government Bonds, Ultrashort Bond | WFC vs BIL | |
| United States Oil Fund LP | -0.04 | 0.02 | 0.12 | 66 | Oil & Gas | WFC vs USO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WFC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WFC and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.07 | 0.04 | 0.17 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.01 | 0.11 | 0.15 | 92 | Healthcare | |
| Altria Group, Inc. | -0.01 | 0.16 | 0.21 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.00 | 0.10 | 0.11 | 53 | Utilities | |
| Petróleo Brasileiro S.A. - Petrobras | -0.00 | 0.11 | 0.17 | 86 | Energy |
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