Looking to balance out your exposure to VUZI? The ETFs below have the lowest correlation with VUZI — they tend to move on their own, which can help reduce risk when VUZI drops. The stock ideas table highlights individual companies that behave independently from VUZI.
Best Diversifiers for VUZI
0 ETFs have low correlation with VUZI (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.44, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.44 | 0.37 | 0.45 | 70 | S&P 500 | VUZI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VUZI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VUZI and solid risk/return profiles. The least correlated is Akamai Technologies, Inc. (AKAM) (Technology) with a 1Y correlation of 0.22, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Akamai Technologies, Inc. | 0.22 | 0.25 | 0.31 | 89 | Technology | |
| Apple Inc | 0.30 | 0.25 | 0.33 | 89 | Technology |
Build a portfolio that complements VUZI
Add VUZI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VUZI