Looking to diversify beyond VTES? The ETFs below have the lowest correlation with VTES — 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 VTES.
Best Diversifiers for VTES
1297 ETFs have low correlation with VTES (below 0.3), 75 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, roughly unchanged from -0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.33 | — | 72 | Leveraged Currency | VTES vs YCS | |
| Bastion Energy ETF | -0.30 | — | — | 87 | Energy Equities | VTES vs BESF | |
| Invesco DB Energy Fund | -0.26 | -0.13 | — | 53 | Oil & Gas | VTES vs DBE | |
| Invesco DB US Dollar Index Bullish Fund | -0.25 | -0.22 | -0.22 | 51 | Currency | VTES vs UUP | |
| United States Gasoline Fund LP | -0.24 | -0.12 | — | 78 | Oil & Gas | VTES vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VTES, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VTES and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.21, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.21 | -0.09 | -0.10 | 66 | Energy | |
| Occidental Petroleum Corporation | -0.20 | -0.07 | -0.09 | 62 | Energy | |
| Devon Energy Corporation | -0.20 | -0.08 | — | 72 | Energy | |
| Energy Transfer LP | -0.18 | -0.01 | — | 84 | Energy | |
| Enterprise Products Partners L.P. | -0.17 | 0.05 | — | 87 | Energy |
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Build a portfolio that complements VTES
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