Looking to diversify beyond VDGR.AX? The ETFs below have the lowest correlation with VDGR.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 VDGR.AX.
Best Diversifiers for VDGR.AX
0 ETFs have low correlation with VDGR.AX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE Asia ex Japan Shares Index ETF (VAE.AX) (Asia Pacific Equities) with a 1Y correlation of 0.57, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE Asia ex Japan Shares Index ETF | 0.57 | 0.47 | 0.49 | 81 | Asia Pacific Equities | VDGR.AX vs VAE.AX | |
| Vanguard Australian Shares High Yield ETF | 0.66 | 0.72 | 0.74 | 64 | Dividend | VDGR.AX vs VHY.AX |
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