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
232 ETFs have low correlation with VAW (below 0.3), 21 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.23 | — | — | 60 | Inverse Equities, Leveraged Equities | VAW vs MSTZ | |
| ProShares UltraShort Yen | -0.23 | -0.13 | -0.10 | 75 | Leveraged Currency | VAW vs YCS | |
| United States Gasoline Fund LP | -0.23 | -0.04 | 0.11 | 72 | Oil & Gas | VAW vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.20 | — | — | 65 | Derivative Income | VAW vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | VAW vs IBIC |
To view more results, upgrade your current subscription plan.
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 Chevron Corporation (CVX) (Energy) with a 1Y correlation of 0.02, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | 0.02 | 0.21 | 0.34 | 67 | Energy | |
| Energy Transfer LP | 0.03 | 0.27 | 0.41 | 80 | Energy | |
| Phillips 66 | 0.08 | 0.30 | 0.38 | 83 | Energy | |
| Enterprise Products Partners L.P. | 0.08 | 0.29 | 0.41 | 83 | Energy | |
| NVIDIA Corporation | 0.16 | 0.24 | 0.38 | 69 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VAW
Add VAW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VAW