Looking to diversify beyond VFH? The ETFs below have the lowest correlation with VFH — 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 VFH.
Best Diversifiers for VFH
507 ETFs have low correlation with VFH (below 0.3), 48 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.66, roughly unchanged from -0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.66 | -0.66 | -0.66 | 99 | Leveraged Equities, Semiconductors | VFH vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 60 | Inverse Equities, Leveraged Equities | VFH vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | — | — | 65 | Derivative Income | VFH vs WNTR | |
| United States Gasoline Fund LP | -0.20 | -0.05 | 0.10 | 72 | Oil & Gas | VFH vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.16 | -0.02 | 0.14 | 51 | Commodities | VFH vs PDBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VFH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VFH and solid risk/return profiles. The least correlated is Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of -0.05, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | -0.05 | 0.11 | 0.16 | 78 | Energy | |
| Devon Energy Corporation | -0.04 | 0.22 | 0.36 | 69 | Energy | |
| Chevron Corporation | -0.04 | 0.21 | 0.35 | 67 | Energy | |
| Occidental Petroleum Corporation | -0.04 | 0.17 | 0.30 | 60 | Energy | |
| BP p.l.c. | -0.03 | 0.14 | 0.28 | 74 | Energy |
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