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
1327 ETFs have low correlation with VGLT (below 0.3), 107 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.42 | -0.43 | 63 | Leveraged Currency | VGLT vs YCS | |
| Invesco DB Energy Fund | -0.41 | -0.23 | -0.19 | 71 | Oil & Gas | VGLT vs DBE | |
| United States Gasoline Fund LP | -0.41 | -0.20 | -0.17 | 71 | Oil & Gas | VGLT vs UGA | |
| Invesco DB Oil Fund | -0.40 | -0.21 | -0.20 | 65 | Oil & Gas | VGLT vs DBO | |
| United States Brent Oil Fund LP | -0.39 | -0.22 | -0.20 | 65 | Oil & Gas | VGLT vs BNO |
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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 -0.23, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.23 | -0.11 | -0.15 | 76 | Energy | |
| Chevron Corporation | -0.22 | -0.09 | -0.14 | 83 | Energy | |
| Exxon Mobil Corporation | -0.21 | -0.08 | -0.14 | 85 | Energy | |
| BP p.l.c. | -0.19 | -0.09 | -0.16 | 87 | Energy | |
| Energy Transfer LP | -0.18 | -0.04 | -0.09 | 73 | Energy |
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Build a portfolio that complements VGLT
Add VGLT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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