Looking to balance out your exposure to ZIM? The ETFs below have the lowest correlation with ZIM — they tend to move on their own, which can help reduce risk when ZIM drops. The stock ideas table highlights individual companies that behave independently from ZIM.
Best Diversifiers for ZIM
147 ETFs have low correlation with ZIM (below 0.3), 15 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) (Inflation-Protected Bonds) with a 1Y correlation of -0.08, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.08 | -0.01 | 0.01 | 83 | Inflation-Protected Bonds | ZIM vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.08 | -0.01 | 0.00 | 85 | Inflation-Protected Bonds | ZIM vs STIP | |
| Vanguard Short-Term Treasury ETF | -0.06 | -0.04 | -0.04 | 77 | Government Bonds, Short-Term Bond | ZIM vs VGSH | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.05 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ZIM vs BIL | |
| Alpha Architect 1-3 Month Box ETF | -0.04 | -0.06 | — | 100 | Ultrashort Bond | ZIM vs BOXX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ZIM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ZIM and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.08, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.08 | 0.02 | 0.05 | 72 | Consumer Defensive | |
| The Coca-Cola Company | -0.06 | -0.00 | 0.04 | 74 | Consumer Defensive | |
| Palo Alto Networks, Inc. | -0.04 | 0.07 | 0.14 | 69 | Technology | |
| CVR Partners, LP | -0.03 | 0.08 | 0.15 | 72 | Basic Materials | |
| PepsiCo, Inc. | -0.02 | 0.04 | 0.04 | 61 | Consumer Defensive |
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