Looking to diversify beyond VAW? The ETFs below have the lowest correlation with VAW — 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 VAW.
Best Diversifiers for VAW
203 ETFs have low correlation with VAW (below 0.3), 18 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.25, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.25 | -0.13 | -0.09 | 61 | Leveraged Currency | VAW vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | 0.01 | 0.01 | 98 | Inflation-Protected Bonds | VAW vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | VAW vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | 0.02 | 0.02 | 99 | Ultrashort Bond | VAW vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.08 | 0.06 | 0.06 | 95 | Inflation-Protected Bonds | VAW vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VAW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VAW and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.03, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.03 | 0.28 | 0.41 | 67 | Energy | |
| Enterprise Products Partners L.P. | 0.09 | 0.29 | 0.41 | 82 | Energy | |
| Phillips 66 | 0.11 | 0.31 | 0.39 | 77 | Energy | |
| NVIDIA Corporation | 0.17 | 0.25 | 0.39 | 76 | Technology | |
| Micron Technology, Inc. | 0.25 | 0.33 | 0.40 | 99 | Technology |
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Build a portfolio that complements VAW
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