Looking to diversify beyond VTEL? The ETFs below have the lowest correlation with VTEL — 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 VTEL.
Best Diversifiers for VTEL
875 ETFs have low correlation with VTEL (below 0.3), 52 of which are negatively correlated. The least correlated is Bastion Energy ETF (BESF) (Energy Equities) with a 1Y correlation of -0.25, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.25 | -0.26 | -0.26 | 84 | Energy Equities | VTEL vs BESF | |
| Invesco DB Energy Fund | -0.24 | — | — | 57 | Oil & Gas | VTEL vs DBE | |
| DoubleLine Commodity Strategy ETF | -0.22 | — | — | 52 | Commodities | VTEL vs DCMT | |
| Direxion Daily Energy Bull 2X Shares | -0.21 | -0.21 | -0.21 | 54 | Leveraged Equities | VTEL vs ERX | |
| Invesco DB Commodity Index Tracking Fund | -0.21 | — | — | 56 | Commodities | VTEL vs DBC |
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