Looking to balance out your exposure to VLTO? The ETFs below have historically moved differently from VLTO, 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 VLTO
5 ETFs have low correlation with VLTO (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 |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.01 | — | — | 60 | Technology Equities | VLTO vs VGT | |
| Vanguard S&P 500 ETF | 0.15 | — | — | 78 | S&P 500 | VLTO vs VOO | |
| State Street SPDR S&P 500 ETF | 0.15 | — | — | 78 | S&P 500 | VLTO vs SPY | |
| iShares Core S&P 500 ETF | 0.16 | — | — | 78 | S&P 500 | VLTO vs IVV | |
| State Street SPDR Portfolio S&P 500 ETF | 0.16 | — | — | 78 | S&P 500 | VLTO vs SPYM |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VLTO, 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 Nextpower Inc. (NXT) (Technology) with a 1Y correlation of -0.11, down from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nextpower Inc. | -0.11 | 0.14 | 0.14 | 72 | Technology | |
| NextEra Energy, Inc. | -0.04 | — | — | 77 | Utilities | |
| Onto Innovation Inc. | -0.02 | 0.15 | 0.15 | 94 | Technology | |
| ONEOK, Inc. | 0.09 | 0.20 | 0.20 | 64 | Energy | |
| J.B. Hunt Transport Services, Inc. | 0.10 | 0.27 | 0.27 | 96 | Industrials |
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