Looking to diversify beyond VHY.AX? The ETFs below have the lowest correlation with VHY.AX — 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 VHY.AX.
Best Diversifiers for VHY.AX
0 ETFs have low correlation with VHY.AX (below 0.3), 0 of which are negatively correlated. The least correlated is Betashares S&P Global High Dividend Aristocrats ETF (INCM.AX) (Dividend) with a 1Y correlation of 0.38, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Betashares S&P Global High Dividend Aristocrats ET... | 0.38 | 0.27 | 0.32 | 52 | Dividend | VHY.AX vs INCM.AX | |
| Vanguard Global Value Equity Active ETF | 0.40 | 0.43 | 0.51 | 60 | Global Equities | VHY.AX vs VVLU.AX | |
| Vanguard MSCI Index International Shares (Hedged) ... | 0.49 | 0.55 | 0.62 | 65 | Global Equities | VHY.AX vs VGAD.AX | |
| Vanguard All-World ex-US Shares Index ETF | 0.54 | 0.50 | 0.54 | 51 | Global Equities | VHY.AX vs VEU.AX | |
| iShares S&P/ASX Dividend Opportunities ESG Screene... | 0.86 | 0.87 | 0.88 | 57 | Dividend | VHY.AX vs IHD.AX |
See all 6 diversifiers for VHY.AX
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