Looking to balance out your exposure to VET? The ETFs below have historically moved differently from VET, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VET
2 ETFs have low correlation with VET (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.08, down from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.08 | 0.13 | 0.25 | 68 | S&P 500 | VET vs VOO | |
| Fidelity MSCI Information Technology Index ETF | 0.01 | 0.12 | 0.19 | 52 | Technology Equities | VET vs FTEC | |
| iShares S&P GSCI Commodity-Indexed Trust | 0.67 | 0.67 | 0.67 | 67 | Commodities | VET vs GSG |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VET, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Apache Corporation (APA) (Energy) with a 1Y correlation of 0.71, roughly unchanged from 0.74 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apache Corporation | 0.71 | 0.71 | 0.74 | 90 | Energy |
Build a portfolio that complements VET
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