Looking to diversify beyond VEGN? The ETFs below have the lowest correlation with VEGN — 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 VEGN.
Best Diversifiers for VEGN
306 ETFs have low correlation with VEGN (below 0.3), 76 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.30, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.30 | -0.08 | 0.04 | 66 | Oil & Gas | VEGN vs USO | |
| Invesco DB Energy Fund | -0.30 | -0.09 | 0.05 | 71 | Oil & Gas | VEGN vs DBE | |
| United States Brent Oil Fund LP | -0.28 | -0.07 | 0.04 | 65 | Oil & Gas | VEGN vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | -0.09 | -0.09 | 56 | Derivative Income | VEGN vs USOY | |
| United States Gasoline Fund LP | -0.25 | -0.07 | 0.05 | 71 | Oil & Gas | VEGN vs UGA |
See all 1666 diversifiers for VEGN
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