Looking to diversify beyond VO? The ETFs below have the lowest correlation with VO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from VO.
Best Diversifiers for VO
231 ETFs have low correlation with VO (below 0.3), 42 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 65 | Inverse Equities, Leveraged Equities | VO vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.41 | -0.37 | -0.39 | 53 | Cryptocurrency | VO vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | VO vs WNTR | |
| Invesco DB Energy Fund | -0.24 | -0.06 | 0.11 | 57 | Oil & Gas | VO vs DBE | |
| United States Gasoline Fund LP | -0.20 | -0.04 | 0.10 | 82 | Oil & Gas | VO vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VO and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | 0.11 | 0.21 | 78 | Consumer Defensive | |
| The Coca-Cola Company | -0.09 | 0.14 | 0.27 | 82 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.03 | 0.18 | 0.30 | 76 | Energy | |
| Chevron Corporation | -0.02 | 0.21 | 0.32 | 73 | Energy | |
| Verizon Communications Inc. | -0.01 | 0.15 | 0.21 | 57 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VO
Add VO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VO