Looking to balance out your exposure to WHR? The ETFs below have the lowest correlation with WHR — they tend to move on their own, which can help reduce risk when WHR drops. The stock ideas table highlights individual companies that behave independently from WHR.
Best Diversifiers for WHR
1 ETFs have low correlation with WHR (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | WHR vs BIL | |
| Vanguard S&P 500 ETF | 0.33 | 0.42 | 0.52 | 70 | S&P 500 | WHR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.34 | 0.42 | 0.52 | 70 | S&P 500 | WHR vs SPY | |
| Vanguard International High Dividend Yield ETF | 0.36 | 0.42 | 0.46 | 66 | Dividend, Foreign Large Cap Equities | WHR vs VYMI | |
| Vanguard Dividend Appreciation ETF | 0.42 | 0.50 | 0.57 | 56 | Dividend | WHR vs VIG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WHR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WHR and solid risk/return profiles. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.04, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.04 | 0.10 | 0.12 | 82 | Energy | |
| Palo Alto Networks, Inc. | -0.03 | 0.06 | 0.16 | 67 | Technology | |
| Fortinet, Inc. | -0.02 | 0.10 | 0.22 | 66 | Technology | |
| Kinder Morgan, Inc. | -0.01 | 0.19 | 0.27 | 60 | Energy | |
| CrowdStrike Holdings, Inc. | 0.01 | 0.10 | 0.18 | 70 | Technology |
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Build a portfolio that complements WHR
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