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 Global Value Equity Active ETF (VVLU.AX) (Global Equities) with a 1Y correlation of 0.57, roughly unchanged from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Global Value Equity Active ETF | 0.57 | 0.59 | 0.64 | 60 | Global Equities | VDGR.AX vs VVLU.AX | |
| Vanguard Australian Shares High Yield ETF | 0.65 | 0.71 | 0.73 | 58 | Dividend | VDGR.AX vs VHY.AX | |
| Vanguard All-World ex-US Shares Index ETF | 0.77 | 0.72 | 0.74 | 51 | Global Equities | VDGR.AX vs VEU.AX | |
| Vanguard MSCI Index International Shares (Hedged) ... | 0.80 | 0.81 | 0.85 | 65 | Global Equities | VDGR.AX vs VGAD.AX |
Diversification Analysis
Build a portfolio that complements VDGR.AX
Add VDGR.AX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VDGR.AX