Looking to balance out your exposure to WTM? The ETFs below have the lowest correlation with WTM — they tend to move on their own, which can help reduce risk when WTM drops. The stock ideas table highlights individual companies that behave independently from WTM.
Best Diversifiers for WTM
6 ETFs have low correlation with WTM (below 0.3), 0 of which are negatively correlated. The least correlated is Defiance Quantum ETF (QTUM) (Technology Equities) with a 1Y correlation of 0.00, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Quantum ETF | 0.00 | 0.11 | 0.15 | 81 | Technology Equities | WTM vs QTUM | |
| Vanguard S&P 500 ETF | 0.08 | 0.19 | 0.23 | 66 | S&P 500 | WTM vs VOO | |
| State Street SPDR S&P 500 ETF | 0.09 | 0.19 | 0.23 | 66 | S&P 500 | WTM vs SPY | |
| Vanguard Total Stock Market ETF | 0.10 | 0.21 | 0.24 | 66 | Large Cap Blend Equities | WTM vs VTI | |
| iShares Core MSCI Pacific ETF | 0.12 | 0.16 | 0.20 | 60 | Asia Pacific Equities | WTM vs IPAC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WTM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WTM and solid risk/return profiles. The least correlated is ASML Holding N.V. (ASML) (Technology) with a 1Y correlation of -0.06, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ASML Holding N.V. | -0.06 | 0.03 | 0.05 | 94 | Technology | |
| KLA Corporation | -0.05 | 0.06 | 0.10 | 93 | Technology | |
| Comfort Systems USA, Inc. | -0.04 | 0.12 | 0.17 | 98 | Industrials | |
| Talen Energy Corporation | -0.02 | 0.02 | 0.02 | 69 | Utilities | |
| Monolithic Power Systems, Inc. | 0.04 | 0.11 | 0.12 | 84 | Technology |
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Build a portfolio that complements WTM
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