Looking to diversify beyond VTEB? The ETFs below have the lowest correlation with VTEB — 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 VTEB.
Best Diversifiers for VTEB
996 ETFs have low correlation with VTEB (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.17 | -0.10 | 53 | Oil & Gas | VTEB vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.30 | -0.12 | -0.07 | 51 | Commodities | VTEB vs GSG | |
| United States Gasoline Fund LP | -0.30 | -0.14 | -0.08 | 78 | Oil & Gas | VTEB vs UGA | |
| DoubleLine Commodity Strategy ETF | -0.30 | -0.14 | -0.14 | 51 | Commodities | VTEB vs DCMT | |
| Bastion Energy ETF | -0.30 | — | — | 87 | Energy Equities | VTEB vs BESF |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VTEB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VTEB and solid risk/return profiles. The least correlated is Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.30, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.30 | -0.10 | -0.07 | 62 | Energy | |
| Devon Energy Corporation | -0.26 | -0.08 | -0.08 | 72 | Energy | |
| Exxon Mobil Corporation | -0.26 | -0.07 | -0.08 | 75 | Energy | |
| ConocoPhillips Company | -0.25 | -0.08 | -0.08 | 66 | Energy | |
| Energy Transfer LP | -0.23 | -0.02 | -0.02 | 84 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VTEB
Add VTEB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VTEB