Looking to diversify beyond ZMAY? The ETFs below have the lowest correlation with ZMAY — 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 ZMAY.
Best Diversifiers for ZMAY
170 ETFs have low correlation with ZMAY (below 0.3), 11 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.14, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | -0.18 | -0.18 | 98 | Inflation-Protected Bonds | ZMAY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | -0.10 | -0.10 | 95 | Inflation-Protected Bonds | ZMAY vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.11 | -0.13 | -0.13 | 98 | Ultrashort Bond | ZMAY vs BAMU | |
| First Trust Alternative Absolute Return Strategy E... | -0.09 | -0.10 | -0.10 | 70 | Commodities | ZMAY vs FAAR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.06 | -0.06 | -0.06 | 99 | Ultrashort Bond | ZMAY vs CSHP |
See all 1249 diversifiers for ZMAY
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