Looking to balance out your exposure to WMK? The ETFs below have the lowest correlation with WMK — they tend to move on their own, which can help reduce risk when WMK drops. The stock ideas table highlights individual companies that behave independently from WMK.
No Diversifiers Found for WMK
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WMK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WMK and solid risk/return profiles. The least correlated is ITT Inc. (ITT) (Industrials) with a 1Y correlation of 0.06, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ITT Inc. | 0.06 | 0.14 | 0.23 | 71 | Industrials | |
| Coterra Energy Inc. | 0.09 | 0.11 | 0.16 | 80 | Energy | |
| Pfizer Inc. | 0.09 | 0.16 | 0.18 | 64 | Healthcare | |
| Donaldson Company, Inc. | 0.15 | 0.23 | 0.28 | 63 | Industrials | |
| Texas Instruments Incorporated | 0.15 | 0.14 | 0.19 | 80 | Technology |
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