Looking to diversify beyond DZZ? The ETFs below have the lowest correlation with DZZ — 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 DZZ.
Best Diversifiers for DZZ
2042 ETFs have low correlation with DZZ (below 0.3), 2007 of which are negatively correlated. The least correlated is iShares MSCI Peru ETF (EPU) (Mid Cap Blend Equities) with a 1Y correlation of -0.39, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Peru ETF | -0.39 | -0.31 | -0.31 | 83 | Mid Cap Blend Equities | DZZ vs EPU | |
| Keating Active ETF | -0.39 | -0.25 | -0.25 | 61 | Global Allocation | DZZ vs KEAT | |
| American Beacon GLG Natural Resources ETF | -0.37 | — | — | 69 | Energy Equities | DZZ vs MGNR | |
| iShares Copper and Metals Mining ETF | -0.37 | -0.27 | -0.27 | 54 | Copper | DZZ vs ICOP | |
| SPDR S&P North American Natural Resources ETF | -0.37 | -0.26 | -0.29 | 65 | Natural Resources | DZZ vs NANR |
See all 2042 diversifiers for DZZ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DZZ
Add DZZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DZZ