Looking to balance out your exposure to VVX? The ETFs below have the lowest correlation with VVX — they tend to move on their own, which can help reduce risk when VVX drops. The stock ideas table highlights individual companies that behave independently from VVX.
Best Diversifiers for VVX
2 ETFs have low correlation with VVX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NEOS Nasdaq-100 High Income ETF | 0.23 | — | — | 68 | Nasdaq-100, Derivative Income | VVX vs QQQI | |
| Invesco QQQ ETF | 0.24 | 0.25 | — | 73 | Nasdaq-100 | VVX vs QQQ | |
| Vanguard S&P 500 ETF | 0.32 | 0.34 | — | 70 | S&P 500 | VVX vs VOO | |
| State Street SPDR S&P 500 ETF | 0.32 | 0.34 | — | 70 | S&P 500 | VVX vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VVX and solid risk/return profiles. The least correlated is CareTrust REIT, Inc. (CTRE) (Real Estate) with a 1Y correlation of 0.02, down from 0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CareTrust REIT, Inc. | 0.02 | 0.15 | — | 82 | Real Estate | |
| Jazz Pharmaceuticals plc | 0.15 | 0.16 | — | 96 | Healthcare | |
| International General Insurance Holdings Ltd. | 0.17 | 0.19 | — | 57 | Financial Services | |
| Vista Oil & Gas, S.A.B. de C.V. | 0.17 | 0.17 | — | 68 | Energy | |
| Twilio Inc. | 0.19 | 0.20 | — | 81 | Communication Services |
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