Looking to balance out your exposure to WIX? The ETFs below have the lowest correlation with WIX — they tend to move on their own, which can help reduce risk when WIX drops. The stock ideas table highlights individual companies that behave independently from WIX.
Best Diversifiers for WIX
2 ETFs have low correlation with WIX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.19, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.19 | 0.40 | 0.47 | 70 | S&P 500 | WIX vs VOO | |
| State Street SPDR S&P 500 ETF | 0.19 | 0.40 | 0.47 | 70 | S&P 500 | WIX vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WIX and solid risk/return profiles. The least correlated is Micron Technology, Inc. (MU) (Technology) with a 1Y correlation of 0.02, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | 0.02 | 0.20 | 0.29 | 99 | Technology | |
| EOG Resources, Inc. | 0.03 | 0.08 | 0.09 | 69 | Energy | |
| Nova Ltd | 0.03 | 0.22 | 0.32 | 92 | Technology | |
| Tower Semiconductor Ltd | 0.04 | 0.19 | 0.24 | 99 | Technology | |
| Nebius Group N.V. | 0.04 | — | — | 97 | Communication Services |
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