Looking to balance out your exposure to VWAGY? The ETFs below have the lowest correlation with VWAGY — they tend to move on their own, which can help reduce risk when VWAGY drops. The stock ideas table highlights individual companies that behave independently from VWAGY.
Best Diversifiers for VWAGY
2 ETFs have low correlation with VWAGY (below 0.3), 1 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.03, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.03 | 0.11 | 0.24 | 63 | Energy Equities | VWAGY vs XLE | |
| Vanguard Information Technology ETF | 0.28 | 0.30 | 0.39 | 76 | Technology Equities | VWAGY vs VGT | |
| Schwab U.S. Dividend Equity ETF | 0.37 | 0.36 | 0.45 | 80 | Dividend | VWAGY vs SCHD | |
| Pacer US Cash Cows 100 ETF | 0.43 | 0.41 | 0.48 | 65 | Mid Cap Value Equities, Dividend | VWAGY vs COWZ | |
| Vanguard S&P 500 ETF | 0.45 | 0.40 | 0.47 | 70 | S&P 500 | VWAGY vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWAGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWAGY and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.05, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.05 | 0.09 | 0.21 | 83 | Energy | |
| Exxon Mobil Corporation | -0.04 | 0.08 | 0.20 | 85 | Energy | |
| Halliburton Company | 0.05 | 0.16 | 0.26 | 94 | Energy | |
| PepsiCo, Inc. | 0.10 | 0.12 | 0.16 | 56 | Consumer Defensive | |
| The Coca-Cola Company | 0.11 | 0.11 | 0.18 | 66 | Consumer Defensive |
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Build a portfolio that complements VWAGY
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