Looking to diversify beyond VGHY? The ETFs below have the lowest correlation with VGHY — 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 VGHY.
Best Diversifiers for VGHY
149 ETFs have low correlation with VGHY (below 0.3), 38 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.41, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.41 | -0.41 | -0.41 | 51 | Currency | VGHY vs UUP | |
| ProShares Short Bitcoin ETF | -0.35 | -0.35 | -0.35 | 57 | Cryptocurrency | VGHY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | VGHY vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | -0.34 | -0.34 | 70 | Derivative Income | VGHY vs WNTR | |
| Invesco DB Energy Fund | -0.27 | -0.27 | -0.27 | 53 | Oil & Gas | VGHY vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VGHY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VGHY and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.12, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.12 | -0.12 | -0.12 | 70 | Energy | |
| Enterprise Products Partners L.P. | -0.10 | -0.10 | -0.10 | 87 | Energy | |
| American Electric Power Company, Inc. | 0.04 | 0.04 | 0.04 | 88 | Utilities | |
| Bristol-Myers Squibb Company | 0.12 | 0.12 | 0.12 | 80 | Healthcare | |
| Realty Income Corporation | 0.13 | 0.13 | 0.13 | 74 | Real Estate |
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