Looking to balance out your exposure to ZDGE? The ETFs below have the lowest correlation with ZDGE — they tend to move on their own, which can help reduce risk when ZDGE drops. The stock ideas table highlights individual companies that behave independently from ZDGE.
No Diversifiers Found for ZDGE
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ZDGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ZDGE and solid risk/return profiles. The least correlated is Transportadora de Gas del Sur S.A. (TGS) (Energy) with a 1Y correlation of 0.02, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Transportadora de Gas del Sur S.A. | 0.02 | 0.03 | 0.07 | 51 | Energy | |
| Elbit Systems Ltd | 0.03 | 0.05 | 0.12 | 88 | Industrials | |
| MasTec, Inc. | 0.09 | 0.13 | 0.19 | 95 | Industrials | |
| FIGS, Inc. | 0.12 | 0.12 | 0.21 | 87 | Consumer Cyclical | |
| DLocal Limited | 0.20 | 0.18 | 0.26 | 52 | Technology |
Build a portfolio that complements ZDGE
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