Looking to balance out your exposure to WOR? The ETFs below have the lowest correlation with WOR — they tend to move on their own, which can help reduce risk when WOR drops. The stock ideas table highlights individual companies that behave independently from WOR.
Best Diversifiers for WOR
0 ETFs have low correlation with WOR (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 0.45, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.45 | 0.48 | 0.53 | 70 | S&P 500 | WOR vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WOR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WOR and solid risk/return profiles. The least correlated is EOG Resources, Inc. (EOG) (Energy) with a 1Y correlation of 0.02, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| EOG Resources, Inc. | 0.02 | 0.19 | 0.27 | 69 | Energy | |
| Red Cat Holdings, Inc. | 0.12 | 0.08 | 0.11 | 69 | Technology | |
| Radware Ltd. | 0.15 | 0.23 | 0.25 | 57 | Technology | |
| Micron Technology, Inc. | 0.16 | 0.28 | 0.35 | 99 | Technology | |
| Uranium Energy Corp. | 0.19 | 0.17 | 0.30 | 79 | Energy |
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