Looking to diversify beyond VGLT? The ETFs below have the lowest correlation with VGLT — 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 VGLT.
Best Diversifiers for VGLT
1144 ETFs have low correlation with VGLT (below 0.3), 85 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.41, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.41 | -0.23 | -0.19 | 53 | Oil & Gas | VGLT vs DBE | |
| United States Gasoline Fund LP | -0.41 | -0.21 | -0.17 | 78 | Oil & Gas | VGLT vs UGA | |
| ProShares UltraShort Yen | -0.39 | -0.42 | -0.43 | 72 | Leveraged Currency | VGLT vs YCS | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.19 | -0.16 | 51 | Commodities | VGLT vs GSG | |
| Invesco DB US Dollar Index Bullish Fund | -0.37 | -0.33 | -0.25 | 51 | Currency | VGLT vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VGLT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VGLT and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.27, down from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.27 | -0.11 | -0.15 | 66 | Energy | |
| Devon Energy Corporation | -0.27 | -0.11 | -0.14 | 72 | Energy | |
| Chevron Corporation | -0.24 | -0.09 | -0.14 | 70 | Energy | |
| Exxon Mobil Corporation | -0.24 | -0.08 | -0.14 | 75 | Energy | |
| Occidental Petroleum Corporation | -0.23 | -0.10 | -0.14 | 62 | Energy |
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Build a portfolio that complements VGLT
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