Looking to diversify beyond VALG? The ETFs below have the lowest correlation with VALG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from VALG.
Best Diversifiers for VALG
3 ETFs have low correlation with VALG (below 0.3), 2 of which are negatively correlated. The least correlated is Direxion Daily Energy Bull 2X Shares (ERX) (Leveraged Equities) with a 1Y correlation of -0.07, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily Energy Bull 2X Shares | -0.07 | -0.07 | -0.07 | 54 | Leveraged Equities | VALG vs ERX | |
| ProShares Ultra Oil & Gas | -0.07 | -0.07 | -0.07 | 53 | Leveraged Equities | VALG vs DIG | |
| Direxion Daily Pharmaceutical & Medical Bull 3X Sh... | 0.29 | 0.29 | 0.29 | 93 | Leveraged Equities | VALG vs PILL | |
| Direxion Daily GOOGL Bull 2X Shares | 0.34 | 0.34 | 0.34 | 93 | Leveraged Equities | VALG vs GGLL | |
| Tradr 2X Long GEV Daily ETF | 0.43 | — | — | 58 | Leveraged Equities | VALG vs GEVX |
See all 8 diversifiers for VALG
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Diversification Analysis
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