Looking to balance out your exposure to VZ? The ETFs below have the lowest correlation with VZ — they tend to move on their own, which can help reduce risk when VZ drops. The stock ideas table highlights individual companies that behave independently from VZ.
Best Diversifiers for VZ
289 ETFs have low correlation with VZ (below 0.3), 171 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.29, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.29 | -0.19 | -0.07 | 90 | Leveraged Equities, Semiconductors | VZ vs USD | |
| YieldMax NVDA Option Income Strategy ETF | -0.27 | -0.17 | — | 52 | Derivative Income, Options Trading | VZ vs NVDY | |
| State Street Technology Select Sector SPDR ETF | -0.26 | -0.13 | 0.00 | 83 | Technology Equities | VZ vs XLK | |
| Vanguard Information Technology ETF | -0.25 | -0.13 | 0.00 | 76 | Technology Equities | VZ vs VGT | |
| Roundhill Generative AI & Technology ETF | -0.25 | -0.13 | -0.13 | 94 | Technology Equities | VZ vs CHAT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VZ and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.28, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.28 | -0.19 | -0.08 | 78 | Technology | |
| Broadcom Inc. | -0.25 | -0.17 | -0.05 | 84 | Technology | |
| Credo Technology Group Holding Ltd | -0.25 | -0.20 | — | 85 | Technology | |
| Cloudflare, Inc. | -0.23 | -0.12 | -0.05 | 67 | Technology | |
| Centrus Energy Corp. | -0.22 | -0.05 | 0.01 | 55 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VZ
Add VZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VZ