Looking to balance out your exposure to VZLA? The ETFs below have historically moved differently from VZLA, 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 VZLA
0 ETFs have low correlation with VZLA (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.44, roughly unchanged from 0.39 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.44 | 0.39 | 0.39 | 60 | Technology Equities | VZLA vs VGT |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for VZLA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ero Copper Corp | 0.60 | — | — | 84 | Basic Materials | |
| Hecla Mining Company | 0.76 | — | — | 86 | Basic Materials | |
| Endeavour Silver Corp. | 0.79 | — | — | 68 | Basic Materials | |
| Silvercorp Metals Inc. | 0.80 | — | — | 84 | Basic Materials |
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