Looking to balance out your exposure to VNO? The ETFs below have the lowest correlation with VNO — they tend to move on their own, which can help reduce risk when VNO drops. The stock ideas table highlights individual companies that behave independently from VNO.
Best Diversifiers for VNO
3 ETFs have low correlation with VNO (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of 0.02, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.02 | 0.02 | -0.00 | 100 | Ultrashort Bond | VNO vs SGOV | |
| Invesco QQQ ETF | 0.29 | 0.37 | 0.41 | 59 | Nasdaq-100 | VNO vs QQQ | |
| Schwab U.S. Dividend Equity ETF | 0.29 | 0.48 | 0.54 | 89 | Dividend | VNO vs SCHD | |
| iShares 1-3 Year Treasury Bond ETF | 0.36 | 0.21 | 0.16 | 89 | Government Bonds, Short-Term Bond | VNO vs SHY | |
| Vanguard S&P 500 ETF | 0.38 | 0.47 | 0.51 | 70 | S&P 500 | VNO vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VNO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VNO and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.07 | 0.07 | 0.20 | 77 | Consumer Defensive | |
| Viper Energy Partners LP | -0.03 | 0.15 | 0.22 | 69 | Energy | |
| Sabra Health Care REIT, Inc. | 0.02 | 0.25 | 0.40 | 63 | Real Estate | |
| Skeena Resources Ltd | 0.05 | 0.17 | 0.17 | 76 | Basic Materials | |
| AxoGen, Inc. | 0.16 | 0.26 | 0.30 | 98 | Healthcare |
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