Looking to diversify beyond VYMI? The ETFs below have the lowest correlation with VYMI — 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 VYMI.
Best Diversifiers for VYMI
210 ETFs have low correlation with VYMI (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, down from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.31 | -0.25 | 67 | Leveraged Currency | VYMI vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 61 | Inverse Equities, Leveraged Equities | VYMI vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | — | — | 69 | Derivative Income | VYMI vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.02 | 0.16 | 58 | Oil & Gas | VYMI vs DBE | |
| Alpha Architect Tail Risk ETF | -0.24 | -0.04 | 0.06 | 53 | Options Trading | VYMI vs CAOS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VYMI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VYMI and solid risk/return profiles. The least correlated is Devon Energy Corporation (DVN) (Energy) with a 1Y correlation of -0.07, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Devon Energy Corporation | -0.07 | 0.18 | 0.33 | 75 | Energy | |
| Vista Oil & Gas, S.A.B. de C.V. | -0.06 | 0.19 | 0.32 | 73 | Energy | |
| Equinor ASA | -0.05 | 0.22 | 0.33 | 78 | Energy | |
| ConocoPhillips Company | -0.05 | 0.14 | 0.32 | 68 | Energy | |
| Occidental Petroleum Corporation | -0.05 | 0.17 | 0.33 | 68 | Energy |
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