Looking to diversify beyond VRP? The ETFs below have the lowest correlation with VRP — 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 VRP.
Best Diversifiers for VRP
267 ETFs have low correlation with VRP (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.29, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.29 | -0.25 | -0.30 | 51 | Currency | VRP vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 68 | Inverse Equities, Leveraged Equities | VRP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 70 | Derivative Income | VRP vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.02 | 0.09 | 53 | Oil & Gas | VRP vs DBE | |
| ProShares Short Bitcoin ETF | -0.27 | -0.16 | -0.18 | 57 | Cryptocurrency | VRP vs BITI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VRP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VRP and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.09, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.09 | 0.16 | 0.26 | 74 | Real Estate | |
| Trinity Capital Inc. | 0.26 | 0.30 | 0.29 | 90 | Financial Services | |
| Reaves Utility Income Trust | 0.28 | 0.26 | 0.34 | 74 | Financial Services | |
| Cohen & Steers Infrastructure Fund, Inc | 0.30 | 0.34 | 0.37 | 73 | Financial Services |
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