Looking to diversify beyond ZTAX? The ETFs below have historically moved differently from ZTAX, 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 ZTAX
1321 ETFs have low correlation with ZTAX (below 0.3), 1265 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Frontier Asset Absolute Return ETF | -0.23 | — | — | 93 | Multistrategy, Global Allocation | ZTAX vs FARX | |
| iShares J.P. Morgan EM Corporate Bond ETF | -0.23 | -0.07 | -0.07 | 56 | Corporate Bonds | ZTAX vs CEMB | |
| Innovator Equity Defined Protection ETF - 6 Mo Jan... | -0.23 | — | — | 97 | Defined Outcome | ZTAX vs JAJL | |
| State Street Bridgewater All Weather ETF | -0.21 | -0.13 | -0.13 | 64 | Tactical Allocation | ZTAX vs ALLW | |
| AB Tax-Aware Short Duration ETF | -0.20 | -0.01 | — | 69 | Municipal Bonds | ZTAX vs TAFI |
See all 1321 diversifiers for ZTAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ZTAX
Add ZTAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZTAX