Looking to balance out your exposure to WLFC? The ETFs below have historically moved differently from WLFC, 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 WLFC
0 ETFs have low correlation with WLFC (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.45, up from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.45 | 0.39 | 0.33 | 67 | S&P 500 | WLFC vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WLFC, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.18, down from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.18 | -0.07 | 0.02 | 66 | Consumer Defensive | |
| Hachijuni Bank Ltd ADR | -0.09 | -0.05 | -0.01 | 94 | Financial Services | |
| Walmart Inc. | -0.08 | 0.03 | 0.06 | 62 | Consumer Defensive | |
| Chubb Limited | -0.05 | 0.04 | 0.11 | 89 | Financial Services | |
| Targa Resources Corp. | -0.00 | 0.13 | 0.18 | 93 | Energy |
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