Looking to diversify beyond VTEL? The ETFs below have historically moved differently from VTEL, 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 VTEL
771 ETFs have low correlation with VTEL (below 0.3), 52 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | — | — | 54 | Oil & Gas | VTEL vs DBE | |
| Strive U.S. Energy ETF | -0.27 | — | — | 53 | Energy Equities | VTEL vs DRLL | |
| Bastion Energy ETF | -0.27 | — | — | 80 | Energy Equities | VTEL vs BESF | |
| Direxion Daily Energy Bull 2X Shares | -0.26 | — | — | 56 | Energy Equities, Leveraged Equities | VTEL vs ERX | |
| iShares U.S. Energy ETF | -0.25 | -0.23 | -0.23 | 61 | Energy Equities | VTEL vs IYE |
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