Looking to diversify beyond VOXP? The ETFs below have the lowest correlation with VOXP — 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 VOXP.
Best Diversifiers for VOXP
92 ETFs have low correlation with VOXP (below 0.3), 28 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.40 | -0.40 | -0.40 | 50 | Energy Equities | VOXP vs ENFR | |
| First Trust Alternative Absolute Return Strategy E... | -0.33 | -0.33 | -0.33 | 70 | Commodities | VOXP vs FAAR | |
| TCW AAA CLO ETF | -0.33 | -0.33 | -0.33 | 99 | CLO | VOXP vs ACLO | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.31 | -0.31 | -0.31 | 50 | Commodities | VOXP vs CERY | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.29 | -0.29 | -0.29 | 65 | Large Cap Value Equities, Dividend | VOXP vs FDL |
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