Looking to balance out your exposure to ZIM? The ETFs below have historically moved differently from ZIM, 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 ZIM
184 ETFs have low correlation with ZIM (below 0.3), 15 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | ZIM vs BIL | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.08 | -0.01 | 0.01 | 84 | Inflation-Protected Bonds | ZIM vs VTIP | |
| Vanguard Short-Term Treasury ETF | -0.08 | -0.05 | -0.04 | 86 | Government Bonds, Short-Term Bond | ZIM vs VGSH | |
| iShares 0-3 Month Treasury Bond ETF | -0.08 | 0.00 | -0.01 | 100 | Ultrashort Bond | ZIM vs SGOV | |
| iShares 0-5 Year TIPS Bond ETF | -0.06 | -0.01 | 0.00 | 84 | Inflation-Protected Bonds | ZIM vs STIP |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ZIM, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | -0.01 | 0.02 | 63 | Consumer Defensive | |
| Berkshire Hathaway Inc. | -0.12 | 0.06 | 0.15 | 66 | Financial Services | |
| Philip Morris International Inc. | -0.12 | -0.00 | 0.02 | 63 | Consumer Defensive | |
| The Coca-Cola Company | -0.08 | -0.01 | 0.03 | 86 | Consumer Defensive | |
| Colgate-Palmolive Company | -0.08 | 0.00 | -0.01 | 61 | Consumer Defensive |
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