Looking to balance out your exposure to VKTX? The ETFs below have historically moved differently from VKTX, 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 VKTX
9 ETFs have low correlation with VKTX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.03 | — | — | 98 | Multisector Bonds | VKTX vs SOFR | |
| GraniteShares 2x Long AAPL Daily ETF | 0.09 | 0.16 | — | 74 | Leveraged Equities | VKTX vs AAPB | |
| VanEck IG Floating Rate ETF | 0.11 | 0.10 | 0.13 | 99 | Corporate Bonds, Ultrashort Bond | VKTX vs FLTR | |
| Schwab U.S. Dividend Equity ETF | 0.12 | 0.23 | 0.23 | 95 | Dividend | VKTX vs SCHD | |
| ProShares Ultra Semiconductors | 0.28 | 0.29 | 0.31 | 52 | Leveraged Equities, Semiconductors | VKTX vs USD |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VKTX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Philip Morris International Inc. (PM) (Consumer Defensive) with a 1Y correlation of -0.08, roughly unchanged from 0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Philip Morris International Inc. | -0.08 | -0.06 | 0.00 | 66 | Consumer Defensive | |
| McKesson Corporation | -0.05 | -0.01 | 0.04 | 67 | Healthcare | |
| LyondellBasell Industries N.V. | -0.04 | 0.08 | 0.11 | 55 | Basic Materials | |
| Repsol SA | -0.04 | 0.05 | 0.07 | 97 | Energy | |
| Kinder Morgan, Inc. | 0.02 | 0.09 | 0.12 | 72 | Energy |
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