Looking to balance out your exposure to WTI? The ETFs below have historically moved differently from WTI, 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 WTI
5 ETFs have low correlation with WTI (below 0.3), 5 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of -0.17, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | -0.17 | 0.06 | 0.19 | 72 | S&P 500 | WTI vs SPY | |
| Vanguard S&P 500 ETF | -0.16 | 0.07 | 0.19 | 72 | S&P 500 | WTI vs VOO | |
| iShares Core S&P 500 ETF | -0.14 | 0.07 | 0.20 | 72 | S&P 500 | WTI vs IVV | |
| iShares MSCI Emerging Markets ETF | -0.11 | 0.11 | 0.22 | 60 | Emerging Markets Equities | WTI vs EEM | |
| State Street Technology Select Sector SPDR ETF | -0.06 | 0.06 | 0.14 | 61 | Technology Equities | WTI vs XLK |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WTI, 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 Eni S.p.A. (E) (Energy) with a 1Y correlation of 0.50, roughly unchanged from 0.53 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eni S.p.A. | 0.50 | 0.46 | 0.53 | 92 | Energy | |
| Kimbell Royalty Partners, LP | 0.64 | 0.60 | 0.61 | 54 | Energy |
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