Looking to balance out your exposure to VEL? The ETFs below have the lowest correlation with VEL — they tend to move on their own, which can help reduce risk when VEL drops. The stock ideas table highlights individual companies that behave independently from VEL.
Best Diversifiers for VEL
1 ETFs have low correlation with VEL (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.23, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.23 | 0.24 | 0.31 | 70 | S&P 500 | VEL vs SPY |
Diversification Analysis
Build a portfolio that complements VEL
Add VEL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VEL