Looking to diversify beyond VCLT? The ETFs below have the lowest correlation with VCLT — 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 VCLT.
Best Diversifiers for VCLT
506 ETFs have low correlation with VCLT (below 0.3), 77 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.41 | -0.42 | 61 | Leveraged Currency | VCLT vs YCS | |
| Invesco DB Energy Fund | -0.40 | -0.19 | -0.12 | 71 | Oil & Gas | VCLT vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.39 | -0.25 | -0.25 | 56 | Derivative Income | VCLT vs USOY | |
| United States Brent Oil Fund LP | -0.39 | -0.19 | -0.13 | 65 | Oil & Gas | VCLT vs BNO | |
| Invesco DB Oil Fund | -0.39 | -0.18 | -0.12 | 65 | Oil & Gas | VCLT vs DBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VCLT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VCLT and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.21, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.21 | -0.08 | -0.06 | 76 | Energy | |
| Exxon Mobil Corporation | -0.21 | -0.05 | -0.04 | 85 | Energy | |
| Chevron Corporation | -0.21 | -0.04 | -0.04 | 83 | Energy | |
| Energy Transfer LP | -0.18 | 0.03 | 0.03 | 69 | Energy | |
| BP p.l.c. | -0.18 | -0.04 | -0.05 | 87 | Energy |
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