Looking to balance out your exposure to WPC? The ETFs below have historically moved differently from WPC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for WPC
16 ETFs have low correlation with WPC (below 0.3), 8 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of -0.17, down from 0.03 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | -0.17 | 0.03 | — | 55 | Nasdaq-100, Derivative Income | WPC vs JEPQ | |
| State Street Blackstone Senior Loan ETF | -0.08 | 0.15 | 0.24 | 59 | Bank Loan, High Yield Bonds | WPC vs SRLN | |
| NEOS S&P 500 High Income ETF | -0.08 | 0.14 | — | 72 | Derivative Income, S&P 500 | WPC vs SPYI | |
| Vanguard S&P 500 ETF | -0.08 | 0.15 | 0.29 | 68 | S&P 500 | WPC vs VOO | |
| State Street SPDR S&P 500 ETF | -0.08 | 0.15 | 0.29 | 67 | S&P 500 | WPC vs SPY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WPC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.18, down from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.18 | -0.11 | 0.02 | 56 | Technology | |
| Micron Technology, Inc. | -0.18 | -0.05 | 0.05 | 99 | Technology | |
| CrowdStrike Holdings, Inc. | -0.17 | -0.05 | 0.04 | 80 | Technology | |
| Celestica Inc. | -0.13 | -0.05 | 0.08 | 73 | Technology | |
| Vertiv Holdings Co. | -0.13 | -0.05 | 0.10 | 76 | Industrials |
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