Looking to diversify beyond WNTR? The ETFs below have the lowest correlation with WNTR — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from WNTR.
Best Diversifiers for WNTR
1461 ETFs have low correlation with WNTR (below 0.3), 1434 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | -0.63 | — | — | 92 | Blockchain, Equity Hedged | WNTR vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | -0.62 | — | — | 91 | Blockchain | WNTR vs DECO | |
| iShares Convertible Bond ETF | -0.54 | -0.55 | -0.55 | 84 | Preferred Stock/Convertible Bonds | WNTR vs ICVT | |
| SPDR Bloomberg Barclays Convertible Securities ETF | -0.54 | — | — | 80 | Preferred Stock/Convertible Bonds | WNTR vs CWB | |
| Valkyrie Bitcoin Miners ETF | -0.53 | — | — | 82 | Cryptocurrency | WNTR vs WGMI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WNTR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WNTR and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of -0.30, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | -0.30 | -0.32 | -0.32 | 79 | Financial Services | |
| Intel Corporation | -0.20 | — | — | 99 | Technology | |
| Johnson & Johnson | 0.09 | 0.03 | 0.03 | 96 | Healthcare |
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