Looking to diversify beyond TSMZ? The ETFs below have historically moved differently from TSMZ, 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 TSMZ
1256 ETFs have low correlation with TSMZ (below 0.3), 1180 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Taiwan ETF | -0.78 | — | — | 89 | Taiwan Equities, Asia Pacific Equities | TSMZ vs EWT | |
| Global X Emerging Markets ex-China ETF | -0.77 | — | — | 62 | Emerging Markets Equities | TSMZ vs EMM | |
| Franklin FTSE Taiwan ETF | -0.76 | — | — | 90 | Taiwan Equities, Asia Pacific Equities | TSMZ vs FLTW | |
| iShares MSCI Emerging Markets ex China ETF | -0.76 | — | — | 78 | Emerging Markets Equities | TSMZ vs EMXC | |
| Capital Group New Geography Equity ETF | -0.76 | -0.71 | -0.71 | 51 | Emerging Markets Equities | TSMZ vs CGNG |
See all 1259 diversifiers for TSMZ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TSMZ
Add TSMZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSMZ