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
156 ETFs have low correlation with VEGA (below 0.3), 36 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.04 | 0.09 | 71 | Oil & Gas | VEGA vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.03 | 0.08 | 65 | Oil & Gas | VEGA vs BNO | |
| Invesco DB Oil Fund | -0.29 | -0.02 | 0.10 | 65 | Oil & Gas | VEGA vs DBO | |
| iShares Commodities Select Strategy ETF | -0.21 | 0.06 | 0.15 | 71 | Commodities | VEGA vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | 0.06 | 0.16 | 71 | Commodities | VEGA vs GSG |
See all 1163 diversifiers for VEGA
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements VEGA
Add VEGA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VEGA