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
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 -0.08, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.03 | -0.01 | 100 | Government Bonds, Ultrashort Bond | WHR vs BIL | |
| Invesco QQQ ETF | 0.24 | 0.31 | 0.41 | 61 | Nasdaq-100 | WHR vs QQQ | |
| iShares MSCI Singapore ETF | 0.25 | 0.28 | 0.35 | 62 | Asia Pacific Equities | WHR vs EWS | |
| Vanguard S&P 500 ETF | 0.33 | 0.42 | 0.51 | 67 | S&P 500 | WHR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.33 | 0.42 | 0.51 | 66 | S&P 500 | WHR vs SPY |
To view more results, upgrade your current subscription plan.
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 -0.11, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.11 | 0.06 | 0.10 | 77 | Energy | |
| Kinder Morgan, Inc. | -0.06 | 0.16 | 0.25 | 76 | Energy | |
| Enbridge Inc. | -0.04 | 0.17 | 0.25 | 88 | Energy | |
| Fortinet, Inc. | -0.01 | 0.10 | 0.22 | 79 | Technology | |
| International Seaways, Inc. | 0.00 | 0.07 | 0.09 | 98 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements WHR
Add WHR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WHR