Looking to diversify beyond VOX? The ETFs below have historically moved differently from VOX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VOX
379 ETFs have low correlation with VOX (below 0.3), 83 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.34 | — | — | 69 | Derivative Income | VOX vs WNTR | |
| ProShares Short Bitcoin ETF | -0.34 | -0.33 | — | 51 | Cryptocurrency | VOX vs BITI | |
| Invesco DB Energy Fund | -0.24 | -0.08 | 0.04 | 66 | Oil & Gas | VOX vs DBE | |
| YieldMax XOM Option Income Strategy ETF | -0.23 | -0.02 | -0.02 | 52 | Derivative Income, Dividend | VOX vs XOMO | |
| ProShares UltraShort Yen | -0.22 | -0.07 | -0.05 | 59 | Leveraged Currency | VOX vs YCS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VOX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Devon Energy Corporation (DVN) (Energy) with a 1Y correlation of -0.22, down from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Devon Energy Corporation | -0.22 | 0.03 | 0.14 | 78 | Energy | |
| Occidental Petroleum Corporation | -0.22 | 0.02 | 0.13 | 68 | Energy | |
| Exxon Mobil Corporation | -0.19 | -0.01 | 0.09 | 85 | Energy | |
| Chevron Corporation | -0.19 | -0.01 | 0.10 | 79 | Energy | |
| ConocoPhillips Company | -0.17 | 0.01 | 0.12 | 73 | Energy |
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