Looking to balance out your exposure to WINA? The ETFs below have the lowest correlation with WINA — they tend to move on their own, which can help reduce risk when WINA drops. The stock ideas table highlights individual companies that behave independently from WINA.
Best Diversifiers for WINA
1 ETFs have low correlation with WINA (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) (Gold) with a 1Y correlation of 0.16, roughly unchanged from 0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.16 | 0.26 | — | 52 | Gold | WINA vs GDE |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WINA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WINA and solid risk/return profiles. The least correlated is The Hershey Company (HSY) (Consumer Defensive) with a 1Y correlation of 0.03, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Hershey Company | 0.03 | 0.07 | 0.10 | 58 | Consumer Defensive | |
| Nexstar Media Group, Inc. | 0.07 | 0.25 | 0.27 | 52 | Communication Services | |
| JPMorgan Chase & Co. | 0.17 | 0.24 | 0.29 | 66 | Financial Services |
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