Looking to diversify beyond VYMI? The ETFs below have historically moved differently from VYMI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for VYMI
206 ETFs have low correlation with VYMI (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.32 | -0.25 | 59 | Leveraged Currency | VYMI vs YCS | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 63 | Derivative Income | VYMI vs WNTR | |
| Invesco DB Energy Fund | -0.30 | -0.04 | 0.15 | 53 | Oil & Gas | VYMI vs DBE | |
| United States Gasoline Fund, LP | -0.24 | -0.03 | 0.13 | 74 | Oil & Gas | VYMI vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | VYMI vs IBIC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VYMI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Devon Energy Corporation (DVN) (Energy) with a 1Y correlation of -0.10, down from 0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Devon Energy Corporation | -0.10 | 0.17 | 0.32 | 76 | Energy | |
| Equinor ASA | -0.09 | 0.21 | 0.32 | 83 | Energy | |
| ConocoPhillips Company | -0.08 | 0.13 | 0.31 | 71 | Energy | |
| Occidental Petroleum Corporation | -0.07 | 0.16 | 0.32 | 68 | Energy | |
| Chevron Corporation | -0.07 | 0.17 | 0.34 | 76 | Energy |
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