Looking to diversify beyond VDBA.AX? The ETFs below have the lowest correlation with VDBA.AX — 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 VDBA.AX.
Best Diversifiers for VDBA.AX
0 ETFs have low correlation with VDBA.AX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Global Value Equity Active ETF (VVLU.AX) (Global Equities) with a 1Y correlation of 0.53, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Global Value Equity Active ETF | 0.53 | 0.51 | 0.57 | 60 | Global Equities | VDBA.AX vs VVLU.AX | |
| Vanguard Australian Shares High Yield ETF | 0.65 | 0.67 | 0.68 | 58 | Dividend | VDBA.AX vs VHY.AX | |
| Vanguard All-World ex-US Shares Index ETF | 0.73 | 0.67 | 0.69 | 51 | Global Equities | VDBA.AX vs VEU.AX | |
| Vanguard MSCI Index International Shares (Hedged) ... | 0.73 | 0.76 | 0.79 | 65 | Global Equities | VDBA.AX vs VGAD.AX |
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