Looking to diversify beyond VWOB? The ETFs below have the lowest correlation with VWOB — 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 VWOB.
Best Diversifiers for VWOB
160 ETFs have low correlation with VWOB (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.37 | -0.37 | 61 | Leveraged Currency | VWOB vs YCS | |
| VanEck Commodity Strategy ETF | -0.27 | -0.03 | — | 55 | Commodities | VWOB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | -0.08 | -0.05 | 70 | Commodities | VWOB vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.23 | 0.00 | 0.06 | 53 | Commodities | VWOB vs FTGC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.22 | — | — | 50 | Commodities | VWOB vs CERY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VWOB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VWOB and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.29, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.29 | -0.02 | 0.04 | 61 | Energy | |
| Exxon Mobil Corporation | -0.28 | 0.01 | 0.06 | 68 | Energy | |
| Chevron Corporation | -0.26 | 0.01 | 0.08 | 68 | Energy | |
| BP p.l.c. | -0.21 | 0.03 | 0.10 | 76 | Energy | |
| Energy Transfer LP | -0.15 | 0.12 | 0.16 | 67 | Energy |
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Build a portfolio that complements VWOB
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