Looking to diversify beyond ZIG? The ETFs below have historically moved differently from ZIG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ZIG
406 ETFs have low correlation with ZIG (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.23, roughly unchanged from -0.30 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.23 | -0.30 | — | 61 | Cryptocurrency | ZIG vs BITI | |
| Alpha Architect Tail Risk ETF | -0.21 | -0.09 | — | 56 | Options Trading | ZIG vs CAOS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | 0.06 | 0.06 | 98 | Ultrashort Bond | ZIG vs CSHP | |
| Breakwave Dry Bulk Shipping ETF | -0.09 | -0.00 | 0.00 | 82 | Commodities | ZIG vs BDRY | |
| Invesco DB Energy Fund | -0.09 | 0.10 | 0.17 | 72 | Oil & Gas | ZIG vs DBE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ZIG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.22, down from 0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.22 | 0.39 | 0.51 | 61 | Financial Services |
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