Looking to balance out your exposure to ZSTK? The ETFs below have the lowest correlation with ZSTK — they tend to move on their own, which can help reduce risk when ZSTK drops. The stock ideas table highlights individual companies that behave independently from ZSTK.
No Diversifiers Found for ZSTK
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ZSTK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ZSTK and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.00, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.00 | 0.03 | 0.09 | 63 | Consumer Defensive | |
| TKO Group Holdings Inc. | 0.03 | 0.08 | 0.08 | 62 | Communication Services | |
| ConocoPhillips Company | 0.04 | 0.11 | 0.12 | 76 | Energy | |
| Eli Lilly and Company | 0.04 | 0.07 | 0.06 | 72 | Healthcare | |
| Exxon Mobil Corporation | 0.04 | 0.12 | 0.11 | 85 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ZSTK
Add ZSTK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZSTK