Looking to balance out your exposure to WHR? The ETFs below have historically moved differently from WHR, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for WHR
3 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 -0.05, roughly unchanged from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | WHR vs BIL | |
| Invesco QQQ ETF | 0.19 | 0.26 | 0.36 | 58 | Nasdaq-100 | WHR vs QQQ | |
| iShares MSCI Singapore ETF | 0.27 | 0.29 | 0.35 | 75 | Asia Pacific Equities | WHR vs EWS | |
| Vanguard S&P 500 ETF | 0.32 | 0.41 | 0.50 | 78 | S&P 500 | WHR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.32 | 0.41 | 0.51 | 78 | S&P 500 | WHR vs SPY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WHR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.15, down from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.15 | 0.04 | 0.09 | 85 | Energy | |
| Occidental Petroleum Corporation | -0.06 | 0.17 | 0.20 | 68 | Energy | |
| Enbridge Inc. | -0.03 | 0.16 | 0.25 | 82 | Energy | |
| Kinder Morgan, Inc. | -0.03 | 0.15 | 0.24 | 69 | Energy | |
| Chevron Corporation | -0.02 | 0.20 | 0.22 | 79 | Energy |
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