Looking to balance out your exposure to VRTX? The ETFs below have the lowest correlation with VRTX — they tend to move on their own, which can help reduce risk when VRTX drops. The stock ideas table highlights individual companies that behave independently from VRTX.
Best Diversifiers for VRTX
19 ETFs have low correlation with VRTX (below 0.3), 2 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.08, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.08 | 0.05 | 0.12 | 63 | Energy Equities | VRTX vs XLE | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.07 | -0.01 | 0.02 | 74 | Commodities | VRTX vs PDBC | |
| ProShares Ultra Semiconductors | 0.03 | 0.14 | 0.19 | 90 | Leveraged Equities, Semiconductors | VRTX vs USD | |
| YieldMax NVDA Option Income Strategy ETF | 0.05 | 0.11 | — | 52 | Derivative Income, Options Trading | VRTX vs NVDY | |
| Invesco S&P 500 Momentum ETF | 0.12 | 0.23 | 0.30 | 75 | Momentum, S&P 500 | VRTX vs SPMO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VRTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VRTX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.14, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.14 | -0.00 | 0.08 | 85 | Energy | |
| CF Industries Holdings, Inc. | -0.12 | -0.02 | 0.05 | 60 | Basic Materials | |
| Chevron Corporation | -0.11 | 0.03 | 0.11 | 83 | Energy | |
| Valero Energy Corporation | -0.10 | 0.09 | 0.14 | 93 | Energy | |
| Apache Corporation | -0.10 | -0.01 | 0.09 | 90 | Energy |
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