Looking to balance out your exposure to VMD? The ETFs below have the lowest correlation with VMD — they tend to move on their own, which can help reduce risk when VMD drops. The stock ideas table highlights individual companies that behave independently from VMD.
No Diversifiers Found for VMD
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VMD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VMD and solid risk/return profiles. The least correlated is Digital Turbine, Inc. (APPS) (Technology) with a 1Y correlation of 0.05, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Digital Turbine, Inc. | 0.05 | 0.17 | 0.21 | 69 | Technology | |
| ChipMOS TECHNOLOGIES INC. | 0.07 | 0.11 | 0.14 | 98 | Technology | |
| The Vita Coco Company, Inc. | 0.07 | 0.10 | — | 88 | Consumer Defensive | |
| Clear Secure, Inc. | 0.10 | 0.16 | 0.19 | 87 | Technology | |
| AnaptysBio, Inc. | 0.11 | 0.23 | 0.22 | 95 | Healthcare |
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