Looking to balance out your exposure to WTKWY? The ETFs below have the lowest correlation with WTKWY — they tend to move on their own, which can help reduce risk when WTKWY drops. The stock ideas table highlights individual companies that behave independently from WTKWY.
Best Diversifiers for WTKWY
1 ETFs have low correlation with WTKWY (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 0.21, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.21 | 0.29 | 0.36 | 70 | S&P 500 | WTKWY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WTKWY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WTKWY and solid risk/return profiles. The least correlated is KLA Corporation (KLAC) (Technology) with a 1Y correlation of 0.03, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| KLA Corporation | 0.03 | 0.14 | 0.21 | 95 | Technology |
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