Looking to balance out your exposure to VIK? The ETFs below have the lowest correlation with VIK — they tend to move on their own, which can help reduce risk when VIK drops. The stock ideas table highlights individual companies that behave independently from VIK.
Best Diversifiers for VIK
0 ETFs have low correlation with VIK (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.42 | — | — | 58 | Nasdaq-100 | VIK vs QQQ | |
| Vanguard S&P 500 ETF | 0.53 | — | — | 66 | S&P 500 | VIK vs VOO | |
| State Street SPDR S&P 500 ETF | 0.53 | — | — | 66 | S&P 500 | VIK vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VIK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VIK and solid risk/return profiles. The least correlated is CVS Health Corporation (CVS) (Healthcare) with a 1Y correlation of -0.02, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CVS Health Corporation | -0.02 | 0.07 | 0.07 | 92 | Healthcare | |
| Eversource Energy | 0.06 | 0.01 | 0.01 | 68 | Utilities | |
| PG&E Corporation | 0.10 | — | — | 76 | Utilities | |
| Entergy Corporation | 0.11 | 0.16 | 0.16 | 93 | Utilities | |
| American Healthcare REIT, Inc. | 0.11 | 0.16 | 0.16 | 90 | Real Estate |
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