Looking to balance out your exposure to VLT? The ETFs below have the lowest correlation with VLT — they tend to move on their own, which can help reduce risk when VLT drops. The stock ideas table highlights individual companies that behave independently from VLT.
Best Diversifiers for VLT
0 ETFs have low correlation with VLT (below 0.3), 0 of which are negatively correlated. The least correlated is Global X NASDAQ 100 Covered Call ETF (QYLD) (Nasdaq-100) with a 1Y correlation of 0.30, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | 0.30 | 0.34 | 0.44 | 85 | Nasdaq-100, Derivative Income | VLT vs QYLD | |
| Amplify CWP International Enhanced Dividend Income... | 0.31 | 0.35 | — | 61 | Derivative Income, Dividend, Foreign Large Cap Equities | VLT vs IDVO | |
| Global X S&P 500 Covered Call ETF | 0.32 | 0.34 | 0.43 | 80 | Derivative Income, S&P 500 | VLT vs XYLD | |
| Global X Russell 2000 Covered Call ETF | 0.33 | 0.39 | 0.47 | 71 | Derivative Income, Small Cap Blend Equities | VLT vs RYLD | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.35 | 0.36 | — | 64 | Nasdaq-100, Derivative Income | VLT vs JEPQ |
See all 10 diversifiers for VLT
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements VLT
Add VLT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VLT