Looking to diversify beyond VEU? The ETFs below have the lowest correlation with VEU — 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 VEU.
Best Diversifiers for VEU
203 ETFs have low correlation with VEU (below 0.3), 49 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.32 | -0.35 | 53 | Cryptocurrency | VEU vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 65 | Inverse Equities, Leveraged Equities | VEU vs MSTZ | |
| ProShares UltraShort Yen | -0.37 | -0.26 | -0.22 | 72 | Leveraged Currency | VEU vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 70 | Derivative Income | VEU vs WNTR | |
| Invesco DB Energy Fund | -0.31 | -0.07 | 0.11 | 57 | Oil & Gas | VEU vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VEU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VEU and solid risk/return profiles. The least correlated is Chord Energy Corp (CHRD) (Energy) with a 1Y correlation of -0.17, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chord Energy Corp | -0.17 | 0.09 | 0.25 | 61 | Energy | |
| Altria Group, Inc. | -0.17 | 0.03 | 0.15 | 78 | Consumer Defensive | |
| Occidental Petroleum Corporation | -0.14 | 0.11 | 0.26 | 64 | Energy | |
| ConocoPhillips Company | -0.13 | 0.07 | 0.23 | 66 | Energy | |
| Duke Energy Corporation | -0.12 | 0.05 | 0.13 | 65 | Utilities |
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