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Vanguard Global Value Factor ETF CAD (VVL.TO) Diversifiers

ETF · Currency in CAD · Last updated Jun 5, 2026

The ETF aims for long-term capital appreciation by investing in equity securities from developed markets that have low prices relative to fundamentals, using a proprietary quantitative model to identify undervalued large-, mid-, and small-cap stocks.

Looking to diversify beyond VVL.TO? The ETFs below have the lowest correlation with VVL.TO — 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 VVL.TO.

Best Diversifiers for VVL.TO

4 ETFs have low correlation with VVL.TO (below 0.3), 1 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF-0.06——
75
Global EquitiesVVL.TO vs TTTX.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...0.190.240.25
60
Derivative Income, Utilities EquitiesVVL.TO vs HUTE.TO
GCNS.TO
iShares ESG Conservative Balanced ETF Portfolio0.190.170.18
53
Diversified PortfolioVVL.TO vs GCNS.TO
XSH.TO
iShares Core Canadian Short Term Corporate Bond In...0.280.210.13
55
Canadian Government BondsVVL.TO vs XSH.TO
XCS.TO
iShares S&P/TSX SmallCap Index ETF0.330.470.55
82
Canada EquitiesVVL.TO vs XCS.TO
See all 62 diversifiers for VVL.TO

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from VVL.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VVL.TO and solid risk/return profiles. The least correlated is Energy Fuels Inc. (EFR.TO) (Energy) with a 1Y correlation of 0.08, down from 0.31 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
EFR.TO
Energy Fuels Inc.0.080.140.31
86
Energy
NA.TO
National Bank of Canada0.460.410.51
96
Financial Services

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Diversification Analysis

Build a portfolio that complements VVL.TO

Add VVL.TO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with VVL.TO