Looking to balance out your exposure to VIK? The ETFs below have historically moved differently from VIK, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VIK
0 ETFs have low correlation with VIK (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.40, roughly unchanged from 0.44 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.40 | 0.44 | 0.44 | 58 | Nasdaq-100 | VIK vs QQQ | |
| Vanguard S&P 500 ETF | 0.53 | — | — | 78 | S&P 500 | VIK vs VOO | |
| State Street SPDR S&P 500 ETF | 0.53 | — | — | 78 | S&P 500 | VIK vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VIK, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CVS Health Corporation | -0.02 | — | — | 93 | Healthcare | |
| VeriSign, Inc. | 0.04 | 0.12 | 0.12 | 58 | Technology | |
| Eversource Energy | 0.06 | 0.01 | 0.01 | 62 | Utilities | |
| Entergy Corporation | 0.11 | — | — | 79 | Utilities | |
| PG&E Corporation | 0.11 | — | — | 71 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VIK
Add VIK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VIK