Looking to diversify beyond VEGA? The ETFs below have historically moved differently from VEGA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VEGA
143 ETFs have low correlation with VEGA (below 0.3), 35 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.06 | 0.08 | 53 | Oil & Gas | VEGA vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | VEGA vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | 0.04 | 0.15 | 50 | Commodities | VEGA vs GSG | |
| Strive U.S. Energy ETF | -0.15 | 0.14 | 0.23 | 61 | Energy Equities | VEGA vs DRLL | |
| Alerian Energy Infrastructure ETF | -0.13 | 0.23 | 0.39 | 65 | Infrastructure Equities, Energy Equities | VEGA vs ENFR |
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