Looking to diversify beyond ZCBE? The ETFs below have the lowest correlation with ZCBE — 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 ZCBE.
Best Diversifiers for ZCBE
3 ETFs have low correlation with ZCBE (below 0.3), 0 of which are negatively correlated. The least correlated is BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) (Government Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.08 | 0.08 | — | 100 | Government Bonds, Ultrashort Bond | ZCBE vs XHLF | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.22 | 0.22 | 0.22 | 100 | Government Bonds, Ultrashort Bond | ZCBE vs GBIL | |
| Global X Artificial Intelligence & Technology ETF | 0.29 | 0.29 | 0.29 | 62 | Technology Equities | ZCBE vs AIQ | |
| Global X S&P 500 Covered Call ETF | 0.34 | 0.34 | 0.34 | 82 | Derivative Income, S&P 500 | ZCBE vs XYLD | |
| Schwab Short-Term U.S. Treasury ETF | 0.83 | 0.83 | 0.83 | 78 | Government Bonds, Short-Term Bond | ZCBE vs SCHO |
See all 7 diversifiers for ZCBE
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