Looking to diversify beyond VGIT? The ETFs below have the lowest correlation with VGIT — 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 VGIT.
Best Diversifiers for VGIT
1265 ETFs have low correlation with VGIT (below 0.3), 100 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.51, roughly unchanged from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.51 | -0.51 | -0.54 | 61 | Leveraged Currency | VGIT vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.23 | -0.15 | 69 | Oil & Gas | VGIT vs UGA | |
| Invesco DB Energy Fund | -0.41 | -0.23 | -0.17 | 71 | Oil & Gas | VGIT vs DBE | |
| Invesco DB Oil Fund | -0.41 | -0.22 | -0.17 | 65 | Oil & Gas | VGIT vs DBO | |
| ProShares Ultra Bloomberg Crude Oil | -0.40 | -0.23 | -0.17 | 54 | Leveraged Commodities | VGIT vs UCO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VGIT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VGIT and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.24, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.24 | -0.13 | -0.14 | 76 | Energy | |
| Chevron Corporation | -0.22 | -0.09 | -0.12 | 83 | Energy | |
| Energy Transfer LP | -0.20 | -0.05 | -0.08 | 69 | Energy | |
| BP p.l.c. | -0.20 | -0.09 | -0.13 | 87 | Energy | |
| Exxon Mobil Corporation | -0.19 | -0.09 | -0.12 | 85 | Energy |
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