Looking to balance out your exposure to ZUMZ? The ETFs below have the lowest correlation with ZUMZ — they tend to move on their own, which can help reduce risk when ZUMZ drops. The stock ideas table highlights individual companies that behave independently from ZUMZ.
No Diversifiers Found for ZUMZ
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 ZUMZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ZUMZ and solid risk/return profiles. The least correlated is Evercore Inc. (EVR) (Financial Services) with a 1Y correlation of 0.37, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Evercore Inc. | 0.37 | 0.38 | 0.45 | 72 | Financial Services | |
| United Airlines Holdings, Inc. | 0.43 | 0.34 | 0.41 | 60 | Industrials |
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