Looking to balance out your exposure to WMB? The ETFs below have the lowest correlation with WMB — they tend to move on their own, which can help reduce risk when WMB drops. The stock ideas table highlights individual companies that behave independently from WMB.
Best Diversifiers for WMB
25 ETFs have low correlation with WMB (below 0.3), 14 of which are negatively correlated. The least correlated is iShares iBonds Dec 2028 Term Corporate ETF (IBDT) (Corporate Bonds) with a 1Y correlation of -0.09, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Dec 2028 Term Corporate ETF | -0.09 | 0.08 | 0.09 | 92 | Corporate Bonds | WMB vs IBDT | |
| Vanguard Information Technology ETF | -0.08 | 0.12 | 0.21 | 57 | Technology Equities | WMB vs VGT | |
| State Street Technology Select Sector SPDR ETF | -0.07 | 0.12 | 0.21 | 63 | Technology Equities | WMB vs XLK | |
| Invesco QQQ ETF | -0.06 | 0.13 | 0.21 | 58 | Nasdaq-100 | WMB vs QQQ | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.06 | 0.14 | — | 65 | Nasdaq-100, Derivative Income | WMB vs JEPQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WMB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WMB and solid risk/return profiles. The least correlated is Shopify Inc. (SHOP) (Technology) with a 1Y correlation of -0.16, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Shopify Inc. | -0.16 | 0.09 | 0.14 | 52 | Technology | |
| Broadcom Inc. | -0.12 | 0.07 | 0.16 | 71 | Technology | |
| Cadence Design Systems, Inc. | -0.12 | 0.07 | 0.13 | 59 | Technology | |
| Dell Technologies Inc. | -0.10 | 0.11 | 0.21 | 97 | Technology | |
| Federal Agricultural Mortgage Corporation | -0.10 | 0.15 | 0.27 | 60 | Financial Services |
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