Looking to balance out your exposure to VRSN? The ETFs below have historically moved differently from VRSN, 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 VRSN
13 ETFs have low correlation with VRSN (below 0.3), 6 of which are negatively correlated. The least correlated is iShares Semiconductor ETF (SOXX) (Semiconductors) with a 1Y correlation of -0.15, down from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Semiconductor ETF | -0.15 | 0.04 | 0.29 | 90 | Semiconductors, Technology Equities | VRSN vs SOXX | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.15 | 0.04 | 0.29 | 91 | Leveraged Equities, Semiconductors | VRSN vs SOXL | |
| Invesco Semiconductors ETF | -0.14 | 0.05 | 0.28 | 90 | Semiconductors, Technology Equities | VRSN vs PSI | |
| Convergence Long/Short Equity ETF | -0.11 | 0.08 | — | 97 | Long-Short, Actively Managed | VRSN vs CLSE | |
| Defiance Quantum ETF | -0.09 | 0.10 | 0.34 | 80 | Technology Equities | VRSN vs QTUM |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VRSN, 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 Coherent Corp. (COHR) (Technology) with a 1Y correlation of -0.22, down from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coherent Corp. | -0.22 | -0.05 | 0.16 | 91 | Technology | |
| Vertiv Holdings Co. | -0.21 | -0.04 | 0.18 | 81 | Industrials | |
| Broadcom Inc. | -0.21 | 0.01 | 0.23 | 68 | Technology | |
| GE Vernova Inc. | -0.20 | — | — | 77 | Industrials | |
| NVIDIA Corporation | -0.20 | -0.02 | 0.26 | 61 | Technology |
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