Looking to balance out your exposure to WHF? The ETFs below have the lowest correlation with WHF — they tend to move on their own, which can help reduce risk when WHF drops. The stock ideas table highlights individual companies that behave independently from WHF.
Best Diversifiers for WHF
5 ETFs have low correlation with WHF (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 0.21, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.21 | 0.20 | 0.25 | 74 | S&P 500 | WHF vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.22 | 0.26 | 0.31 | 85 | Dividend | WHF vs SCHD | |
| Vanguard Total Stock Market ETF | 0.22 | 0.22 | 0.26 | 73 | Large Cap Blend Equities | WHF vs VTI | |
| SPDR Barclays High Yield Bond ETF | 0.23 | 0.25 | 0.25 | 61 | High Yield Bonds | WHF vs JNK | |
| SPDR Portfolio High Yield Bond ETF | 0.23 | 0.23 | 0.25 | 64 | High Yield Bonds | WHF vs SPHY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WHF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WHF and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.07 | 0.13 | 73 | Consumer Defensive | |
| British American Tobacco p.l.c. | 0.01 | 0.13 | 0.16 | 77 | Consumer Defensive | |
| Verizon Communications Inc. | 0.10 | 0.10 | 0.14 | 56 | Communication Services | |
| BW LPG Limited | 0.15 | 0.13 | 0.11 | 90 | Industrials | |
| Ellington Financial Inc. | 0.21 | 0.29 | 0.31 | 71 | Real Estate |
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