Looking to balance out your exposure to ZG? The ETFs below have the lowest correlation with ZG — they tend to move on their own, which can help reduce risk when ZG drops. The stock ideas table highlights individual companies that behave independently from ZG.
Best Diversifiers for ZG
0 ETFs have low correlation with ZG (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.37, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.37 | 0.48 | 0.52 | 70 | S&P 500 | ZG vs VOO | |
| State Street SPDR S&P 500 ETF | 0.37 | 0.48 | 0.52 | 70 | S&P 500 | ZG vs SPY | |
| Vanguard Total Stock Market ETF | 0.40 | 0.50 | 0.55 | 68 | Large Cap Blend Equities | ZG vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ZG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ZG and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of -0.06, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | -0.06 | 0.13 | 0.18 | 79 | Real Estate | |
| Lattice Semiconductor Corporation | 0.10 | 0.27 | 0.38 | 97 | Technology | |
| Rocket Lab USA, Inc. | 0.16 | 0.31 | — | 93 | Industrials | |
| TKO Group Holdings Inc. | 0.20 | — | — | 62 | Communication Services | |
| Tesla, Inc. | 0.21 | 0.30 | 0.37 | 55 | Consumer Cyclical |
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