Looking to balance out your exposure to WW? The ETFs below have the lowest correlation with WW — they tend to move on their own, which can help reduce risk when WW drops. The stock ideas table highlights individual companies that behave independently from WW.
Best Diversifiers for WW
1 ETFs have low correlation with WW (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.09, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.09 | 0.15 | 0.27 | 91 | Dividend | WW vs SCHD | |
| Invesco QQQ ETF | 0.32 | 0.20 | 0.31 | 53 | Nasdaq-100 | WW vs QQQ | |
| Vanguard Total World Stock ETF | 0.35 | 0.26 | 0.37 | 63 | Global Equities | WW vs VT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from WW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WW and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.09, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.09 | -0.04 | 0.03 | 56 | Industrials |
Build a portfolio that complements WW
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