Looking to diversify beyond VGT? The ETFs below have the lowest correlation with VGT — 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 VGT.
Best Diversifiers for VGT
403 ETFs have low correlation with VGT (below 0.3), 87 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.46, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | -0.46 | -0.46 | 61 | Inverse Equities, Leveraged Equities | VGT vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 69 | Derivative Income | VGT vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.30 | -0.06 | — | 53 | Options Trading | VGT vs CAOS | |
| iShares Core High Dividend ETF | -0.22 | 0.03 | 0.28 | 81 | Dividend, Large Cap Value Equities | VGT vs HDV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.20 | 0.08 | 0.29 | 82 | Large Cap Value Equities, Dividend | VGT vs FDL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VGT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VGT and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.40, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.40 | -0.25 | -0.07 | 63 | Utilities | |
| Waste Management, Inc. | -0.39 | -0.08 | 0.12 | 51 | Industrials | |
| Chubb Limited | -0.39 | -0.14 | 0.08 | 81 | Financial Services | |
| Altria Group, Inc. | -0.39 | -0.18 | -0.03 | 77 | Consumer Defensive | |
| Arch Capital Group Ltd. | -0.37 | -0.08 | 0.11 | 62 | Financial Services |
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Build a portfolio that complements VGT
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