Looking to diversify beyond ZSB? The ETFs below have the lowest correlation with ZSB — 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 ZSB.
Best Diversifiers for ZSB
940 ETFs have low correlation with ZSB (below 0.3), 41 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.13, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.13 | 0.06 | 0.06 | 54 | Energy Equities | ZSB vs ENFR | |
| Alpha Architect 1-3 Month Box ETF | -0.12 | -0.07 | — | 100 | Ultrashort Bond | ZSB vs BOXX | |
| VanEck Energy Income ETF | -0.11 | 0.07 | 0.07 | 58 | Energy Equities | ZSB vs EINC | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.10 | — | — | 100 | Ultrashort Bond | ZSB vs BILZ | |
| FT Energy Income Partners Enhanced Income ETF | -0.09 | 0.02 | 0.02 | 76 | Derivative Income | ZSB vs EIPI |
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