Looking to diversify beyond AMZZ? The ETFs below have the lowest correlation with AMZZ — 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 AMZZ.
Best Diversifiers for AMZZ
714 ETFs have low correlation with AMZZ (below 0.3), 116 of which are negatively correlated. The least correlated is VanEck Energy Income ETF (EINC) (Energy Equities) with a 1Y correlation of -0.20, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Energy Income ETF | -0.20 | 0.05 | 0.05 | 53 | Energy Equities | AMZZ vs EINC | |
| USCF Midstream Energy Income Fund ETF | -0.20 | — | — | 52 | Energy Equities | AMZZ vs UMI | |
| Alerian Energy Infrastructure ETF | -0.18 | — | — | 50 | Energy Equities | AMZZ vs ENFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | AMZZ vs IBIC | |
| Texas Capital Government Money Market ETF | -0.16 | -0.08 | -0.08 | 100 | Money Market | AMZZ vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AMZZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AMZZ and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesla, Inc. | 0.30 | — | — | 55 | Consumer Cyclical | |
| NVIDIA Corporation | 0.34 | — | — | 78 | Technology | |
| Amazon.com, Inc | 1.00 | — | — | 60 | Consumer Cyclical |
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