Looking to balance out your exposure to WTM? The ETFs below have historically moved differently from WTM, 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 WTM
6 ETFs have low correlation with WTM (below 0.3), 1 of which are negatively correlated. The least correlated is Defiance Quantum ETF (QTUM) (Technology Equities) with a 1Y correlation of -0.01, down from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Quantum ETF | -0.01 | 0.11 | 0.15 | 74 | Technology Equities | WTM vs QTUM | |
| Vanguard S&P 500 ETF | 0.06 | 0.19 | 0.22 | 68 | S&P 500 | WTM vs VOO | |
| State Street SPDR S&P 500 ETF | 0.06 | 0.19 | 0.22 | 67 | S&P 500 | WTM vs SPY | |
| Vanguard Total Stock Market ETF | 0.08 | 0.21 | 0.24 | 67 | Large Cap Blend Equities | WTM vs VTI | |
| iShares Core MSCI Pacific ETF | 0.11 | 0.16 | 0.19 | 67 | Asia Pacific Equities | WTM vs IPAC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for WTM, 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 Comfort Systems USA, Inc. (FIX) (Industrials) with a 1Y correlation of -0.06, down from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Comfort Systems USA, Inc. | -0.06 | 0.11 | 0.16 | 95 | Industrials | |
| ASML Holding N.V. | -0.06 | 0.03 | 0.05 | 96 | Technology | |
| KLA Corporation | -0.05 | 0.07 | 0.09 | 87 | Technology | |
| Monolithic Power Systems, Inc. | 0.03 | 0.11 | 0.12 | 89 | Technology | |
| Texas Pacific Land Corporation | 0.05 | 0.06 | 0.13 | 62 | Energy |
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