Looking to diversify beyond ZVOL? The ETFs below have the lowest correlation with ZVOL — 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 ZVOL.
Best Diversifiers for ZVOL
367 ETFs have low correlation with ZVOL (below 0.3), 98 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.23, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | -0.08 | -0.08 | 98 | Inflation-Protected Bonds | ZVOL vs IBIC | |
| United States Oil Fund LP | -0.22 | -0.05 | -0.03 | 66 | Oil & Gas | ZVOL vs USO | |
| Invesco DB Energy Fund | -0.22 | -0.03 | — | 71 | Oil & Gas | ZVOL vs DBE | |
| United States Brent Oil Fund LP | -0.20 | -0.04 | — | 65 | Oil & Gas | ZVOL vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.18 | -0.01 | 0.00 | 55 | Oil & Gas | ZVOL vs OILK |
See all 1596 diversifiers for ZVOL
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