Looking to diversify beyond ZHOG? The ETFs below have the lowest correlation with ZHOG — 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 ZHOG.
Best Diversifiers for ZHOG
189 ETFs have low correlation with ZHOG (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | — | — | 57 | Oil & Gas | ZHOG vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.28 | — | — | 54 | Commodities | ZHOG vs GSG | |
| ProShares Short Bitcoin ETF | -0.26 | — | — | 52 | Cryptocurrency | ZHOG vs BITI | |
| DoubleLine Commodity Strategy ETF | -0.26 | — | — | 52 | Commodities | ZHOG vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.25 | -0.09 | -0.09 | 56 | Commodities | ZHOG vs DBC |
See all 1144 diversifiers for ZHOG
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Diversification Analysis
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