Looking to balance out your exposure to WS? The ETFs below have the lowest correlation with WS — they tend to move on their own, which can help reduce risk when WS drops. The stock ideas table highlights individual companies that behave independently from WS.
No Diversifiers Found for WS
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 WS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WS and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TORM plc | 0.07 | — | — | 88 | Energy | |
| CVS Health Corporation | 0.15 | — | — | 83 | Healthcare | |
| LightPath Technologies, Inc. | 0.18 | — | — | 95 | Technology | |
| Red Cat Holdings, Inc. | 0.22 | — | — | 67 | Technology | |
| IAMGOLD Corporation | 0.23 | — | — | 86 | Basic Materials |
See all 14 low-correlation stocks for WS
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Diversification Analysis
Build a portfolio that complements WS
Add WS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WS