Looking to balance out your exposure to VNET? The ETFs below have the lowest correlation with VNET — they tend to move on their own, which can help reduce risk when VNET drops. The stock ideas table highlights individual companies that behave independently from VNET.
Best Diversifiers for VNET
0 ETFs have low correlation with VNET (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Latin American 40 ETF (ILF) (Latin America Equities) with a 1Y correlation of 0.35, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Latin American 40 ETF | 0.35 | 0.29 | 0.29 | 56 | Latin America Equities | VNET vs ILF | |
| Global X FTSE Southeast Asia ETF | 0.35 | 0.30 | 0.30 | 64 | Asia Pacific Equities | VNET vs ASEA | |
| VanEck Fabless Semiconductor ETF | 0.36 | — | — | 87 | Semiconductors, Technology Equities | VNET vs SMHX | |
| ProShares Ultra Semiconductors | 0.37 | 0.23 | 0.26 | 84 | Leveraged Equities, Semiconductors | VNET vs USD | |
| Vanguard S&P 500 ETF | 0.38 | 0.28 | 0.30 | 63 | S&P 500 | VNET vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VNET, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VNET and solid risk/return profiles. The least correlated is Exelon Corporation (EXC) (Utilities) with a 1Y correlation of -0.15, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exelon Corporation | -0.15 | 0.05 | 0.01 | 64 | Utilities | |
| American Electric Power Company, Inc. | -0.05 | 0.05 | 0.02 | 90 | Utilities | |
| Dorman Products, Inc. | 0.08 | 0.15 | 0.14 | 50 | Consumer Cyclical | |
| Central Garden & Pet Company | 0.09 | 0.09 | 0.14 | 66 | Consumer Defensive | |
| Enterprise Financial Services Corp | 0.09 | 0.10 | 0.13 | 69 | Financial Services |
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