Looking to balance out your exposure to ZM? The ETFs below have the lowest correlation with ZM — they tend to move on their own, which can help reduce risk when ZM drops. The stock ideas table highlights individual companies that behave independently from ZM.
Best Diversifiers for ZM
1 ETFs have low correlation with ZM (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long AMD Daily ETF | 0.12 | — | — | 94 | Leveraged Equities | ZM vs AMDL | |
| Vanguard Information Technology ETF | 0.31 | 0.40 | 0.53 | 58 | Technology Equities | ZM vs VGT | |
| State Street SPDR S&P 500 ETF | 0.31 | 0.41 | 0.50 | 60 | S&P 500 | ZM vs SPY | |
| Vanguard S&P 500 ETF | 0.31 | 0.41 | 0.50 | 60 | S&P 500 | ZM vs VOO | |
| Invesco QQQ ETF | 0.31 | 0.39 | 0.54 | 59 | Nasdaq-100 | ZM vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ZM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ZM and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.10, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.10 | 0.02 | 0.05 | 72 | Financial Services | |
| YUM! Brands, Inc. | -0.10 | 0.11 | 0.20 | 56 | Consumer Cyclical | |
| Walmart Inc. | -0.09 | 0.04 | 0.10 | 70 | Consumer Defensive | |
| The Williams Companies, Inc. | -0.08 | 0.09 | 0.12 | 75 | Energy | |
| The TJX Companies, Inc. | -0.07 | 0.15 | 0.25 | 87 | Consumer Cyclical |
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