Looking to diversify beyond TSMZ? The ETFs below have the lowest correlation with TSMZ — 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 TSMZ.
Best Diversifiers for TSMZ
1134 ETFs have low correlation with TSMZ (below 0.3), 1102 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Taiwan ETF | -0.76 | — | — | 96 | Asia Pacific Equities | TSMZ vs EWT | |
| Global X Emerging Markets ex-China ETF | -0.76 | — | — | 85 | Emerging Markets Diversified | TSMZ vs EMM | |
| Franklin FTSE Taiwan ETF | -0.75 | — | — | 96 | Asia Pacific Equities | TSMZ vs FLTW | |
| iShares MSCI Emerging Markets ex China ETF | -0.74 | — | — | 92 | Emerging Markets Equities | TSMZ vs EMXC | |
| Avantis Emerging Markets ex-China Equity ETF | -0.73 | — | — | 89 | Emerging Markets Diversified | TSMZ vs AVXC |
See all 1134 diversifiers for TSMZ
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Diversification Analysis
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