Looking to diversify beyond ZSL? The ETFs below have the lowest correlation with ZSL — 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 ZSL.
Best Diversifiers for ZSL
1458 ETFs have low correlation with ZSL (below 0.3), 1437 of which are negatively correlated. The least correlated is Relative Sentiment Tactical Allocation ETF (MOOD) (Tactical Allocation) with a 1Y correlation of -0.72, down from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Relative Sentiment Tactical Allocation ETF | -0.72 | -0.58 | -0.54 | 69 | Tactical Allocation | ZSL vs MOOD | |
| iShares Copper and Metals Mining ETF | -0.69 | -0.63 | -0.63 | 61 | Copper | ZSL vs ICOP | |
| Global X Copper Miners ETF | -0.69 | -0.64 | -0.59 | 60 | Copper | ZSL vs COPX | |
| iShares MSCI Global Metals & Mining Producers ETF | -0.67 | -0.59 | -0.54 | 71 | Metals, Natural Resources, Materials | ZSL vs PICK | |
| VanEck Copper and Green Metals ETF | -0.67 | -0.61 | -0.56 | 69 | Copper | ZSL vs EMET |
See all 1458 diversifiers for ZSL
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Diversification Analysis
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