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
1101 ETFs have low correlation with VGIT (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.50 | -0.54 | 63 | Leveraged Currency | VGIT vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.22 | -0.16 | 55 | Oil & Gas | VGIT vs UGA | |
| Fidelity Managed Futures ETF | -0.36 | — | — | 64 | Systematic Trend | VGIT vs FFUT | |
| VanEck Commodity Strategy ETF | -0.27 | -0.12 | — | 57 | Commodities | VGIT vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.13 | -0.10 | 75 | Commodities | VGIT vs FAAR |
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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 -0.28, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.28 | -0.14 | -0.15 | 65 | Energy | |
| Chevron Corporation | -0.25 | -0.09 | -0.13 | 70 | Energy | |
| Exxon Mobil Corporation | -0.22 | -0.09 | -0.13 | 72 | Energy | |
| BP p.l.c. | -0.21 | -0.10 | -0.13 | 77 | Energy | |
| Energy Transfer LP | -0.19 | -0.06 | -0.08 | 72 | Energy |
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Build a portfolio that complements VGIT
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