Looking to diversify beyond VEGA? The ETFs below have the lowest correlation with VEGA — 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 VEGA.
Best Diversifiers for VEGA
140 ETFs have low correlation with VEGA (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.34 | -0.36 | 53 | Cryptocurrency | VEGA vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.04 | 0.09 | 57 | Oil & Gas | VEGA vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | VEGA vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.16 | 0.04 | 0.14 | 52 | Commodities | VEGA vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | 0.06 | 0.15 | 56 | Commodities | VEGA vs GSG |
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