Looking to diversify beyond VIOO? The ETFs below have the lowest correlation with VIOO — 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 VIOO.
Best Diversifiers for VIOO
243 ETFs have low correlation with VIOO (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.35 | -0.37 | 57 | Cryptocurrency | VIOO vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | VIOO vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 68 | Inverse Equities, Leveraged Equities | VIOO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 70 | Derivative Income | VIOO vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.29 | -0.26 | -0.30 | 51 | Currency | VIOO vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VIOO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VIOO and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.08 | 0.20 | 81 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.11 | 0.15 | 0.28 | 75 | Energy | |
| The Coca-Cola Company | -0.09 | 0.09 | 0.22 | 83 | Consumer Defensive | |
| Waste Management, Inc. | -0.07 | 0.09 | 0.18 | 53 | Industrials | |
| Chevron Corporation | -0.06 | 0.20 | 0.34 | 70 | Energy |
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