Looking to balance out your exposure to WNC? The ETFs below have the lowest correlation with WNC — they tend to move on their own, which can help reduce risk when WNC drops. The stock ideas table highlights individual companies that behave independently from WNC.
Best Diversifiers for WNC
0 ETFs have low correlation with WNC (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 0.34, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.34 | 0.34 | 0.40 | 74 | S&P 500 | WNC vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WNC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WNC and solid risk/return profiles. The least correlated is Ford Motor Company (F) (Consumer Cyclical) with a 1Y correlation of 0.39, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ford Motor Company | 0.39 | 0.37 | 0.45 | 81 | Consumer Cyclical | |
| Caterpillar Inc. | 0.47 | 0.47 | 0.48 | 98 | Industrials |
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