Looking to diversify beyond ZMAY? The ETFs below have historically moved differently from ZMAY, 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 ZMAY
261 ETFs have low correlation with ZMAY (below 0.3), 36 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | — | — | 61 | Cryptocurrency | ZMAY vs BITI | |
| Alpha Architect Tail Risk ETF | -0.25 | — | — | 56 | Options Trading | ZMAY vs CAOS | |
| Invesco DB Energy Fund | -0.20 | — | — | 72 | Oil & Gas | ZMAY vs DBE | |
| Invesco DB Oil Fund | -0.18 | — | — | 58 | Oil & Gas | ZMAY vs DBO | |
| United States Brent Oil Fund LP | -0.18 | — | — | 52 | Oil & Gas | ZMAY vs BNO |
See all 1378 diversifiers for ZMAY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ZMAY
Add ZMAY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZMAY