Looking to diversify beyond BZQ? The ETFs below have the lowest correlation with BZQ — 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 BZQ.
Best Diversifiers for BZQ
2075 ETFs have low correlation with BZQ (below 0.3), 2031 of which are negatively correlated. The least correlated is iShares Latin American 40 ETF (ILF) (Latin America Equities) with a 1Y correlation of -0.94, roughly unchanged from -0.94 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Latin American 40 ETF | -0.94 | -0.93 | -0.94 | 54 | Latin America Equities | BZQ vs ILF | |
| iShares Emerging Markets Dividend ETF | -0.78 | -0.72 | -0.71 | 57 | Emerging Markets Equities, Dividend | BZQ vs DVYE | |
| iShares Morningstar Multi-Asset Income ETF | -0.76 | -0.68 | -0.58 | 75 | Diversified Portfolio | BZQ vs IYLD | |
| Global X MSCI SuperDividend Emerging Markets ETF | -0.75 | -0.63 | -0.60 | 65 | Emerging Markets Equities | BZQ vs SDEM | |
| J.P. Morgan Diversified Return Emerging Markets Eq... | -0.74 | -0.65 | -0.64 | 52 | Emerging Markets Equities | BZQ vs JPEM |
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