Looking to diversify beyond VMBS? The ETFs below have historically moved differently from VMBS, 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 VMBS
625 ETFs have low correlation with VMBS (below 0.3), 101 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.47 | -0.49 | 56 | Leveraged Currency | VMBS vs YCS | |
| Invesco DB Energy Fund | -0.44 | -0.25 | -0.15 | 72 | Oil & Gas | VMBS vs DBE | |
| Invesco DB Oil Fund | -0.43 | -0.24 | -0.14 | 58 | Oil & Gas | VMBS vs DBO | |
| United States Brent Oil Fund LP | -0.42 | -0.24 | -0.15 | 52 | Oil & Gas | VMBS vs BNO | |
| United States Gasoline Fund LP | -0.42 | -0.24 | -0.13 | 87 | Oil & Gas | VMBS vs UGA |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VMBS, 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 ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.37, down from -0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.37 | -0.16 | -0.12 | 72 | Energy | |
| Exxon Mobil Corporation | -0.29 | -0.10 | -0.08 | 84 | Energy | |
| Verizon Communications Inc. | -0.03 | 0.13 | 0.14 | 66 | Communication Services | |
| CVS Health Corporation | 0.02 | 0.01 | 0.02 | 94 | Healthcare | |
| Lockheed Martin Corporation | 0.04 | 0.08 | 0.05 | 80 | Industrials |
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