Looking to balance out your exposure to VMO? The ETFs below have the lowest correlation with VMO — they tend to move on their own, which can help reduce risk when VMO drops. The stock ideas table highlights individual companies that behave independently from VMO.
Best Diversifiers for VMO
23 ETFs have low correlation with VMO (below 0.3), 1 of which are negatively correlated. The least correlated is iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) (Commodities) with a 1Y correlation of -0.16, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.16 | 0.00 | 0.03 | 72 | Commodities | VMO vs CMDY | |
| iMGP DBi Managed Futures Strategy ETF | 0.04 | -0.08 | -0.17 | 83 | Systematic Trend | VMO vs DBMF | |
| Schwab U.S. Dividend Equity ETF | 0.14 | 0.25 | 0.26 | 80 | Dividend | VMO vs SCHD | |
| AAM Low Duration Preferred and Income Securities E... | 0.17 | 0.34 | 0.34 | 60 | Preferred Stock/Convertible Bonds | VMO vs PFLD | |
| Invesco QQQ ETF | 0.17 | 0.19 | 0.21 | 73 | Nasdaq-100 | VMO vs QQQ |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VMO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VMO and solid risk/return profiles. The least correlated is TORM plc (TRMD) (Energy) with a 1Y correlation of -0.07, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TORM plc | -0.07 | -0.00 | 0.01 | 88 | Energy | |
| Energy Transfer LP | -0.06 | 0.10 | 0.13 | 69 | Energy | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | -0.04 | 0.03 | — | 88 | Financial Services | |
| International Seaways, Inc. | -0.02 | 0.01 | -0.01 | 95 | Energy | |
| Eagle Point Credit Company Inc. | 0.03 | 0.08 | — | 81 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VMO
Add VMO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VMO