Looking to diversify beyond VOX? The ETFs below have the lowest correlation with VOX — 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 VOX.
Best Diversifiers for VOX
348 ETFs have low correlation with VOX (below 0.3), 74 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.06 | 0.07 | 71 | Oil & Gas | VOX vs DBE | |
| United States Brent Oil Fund LP | -0.25 | -0.05 | 0.05 | 65 | Oil & Gas | VOX vs BNO | |
| United States Oil Fund LP | -0.25 | -0.05 | 0.06 | 66 | Oil & Gas | VOX vs USO | |
| United States 12 Month Oil Fund LP | -0.24 | -0.03 | 0.07 | 56 | Oil & Gas | VOX vs USL | |
| United States Gasoline Fund LP | -0.23 | -0.04 | 0.06 | 69 | Oil & Gas | VOX vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VOX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VOX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.15 | 0.00 | 0.08 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.15 | 0.02 | 0.12 | 85 | Energy | |
| Chevron Corporation | -0.14 | 0.02 | 0.14 | 83 | Energy | |
| ConocoPhillips Company | -0.13 | 0.05 | 0.15 | 76 | Energy | |
| BP p.l.c. | -0.12 | 0.09 | 0.17 | 87 | Energy |
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