Looking to diversify beyond VEMY? The ETFs below have the lowest correlation with VEMY — 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 VEMY.
Best Diversifiers for VEMY
254 ETFs have low correlation with VEMY (below 0.3), 72 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.34, 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 | -0.34 | -0.08 | -0.04 | 66 | Oil & Gas | VEMY vs USO | |
| United States Brent Oil Fund LP | -0.33 | -0.08 | -0.04 | 65 | Oil & Gas | VEMY vs BNO | |
| Invesco DB Energy Fund | -0.33 | -0.08 | — | 71 | Oil & Gas | VEMY vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.31 | — | — | 55 | Derivative Income | VEMY vs USOY | |
| United States Gasoline Fund LP | -0.31 | -0.06 | — | 70 | Oil & Gas | VEMY vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VEMY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VEMY and solid risk/return profiles. The least correlated is Annaly Capital Management, Inc. (NLY) (Real Estate) with a 1Y correlation of 0.37, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Annaly Capital Management, Inc. | 0.37 | 0.49 | 0.49 | 77 | Real Estate |
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