Looking to diversify beyond ZVOL? The ETFs below have historically moved differently from ZVOL, 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 ZVOL
401 ETFs have low correlation with ZVOL (below 0.3), 92 of which are negatively correlated. The least correlated is Alpha Architect Tail Risk ETF (CAOS) (Options Trading) with a 1Y correlation of -0.35, down from -0.13 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.35 | -0.13 | — | 56 | Options Trading | ZVOL vs CAOS | |
| ProShares Short Bitcoin ETF | -0.31 | -0.27 | — | 61 | Cryptocurrency | ZVOL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ZVOL vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 61 | Inverse Equities, Leveraged Equities | ZVOL vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.28 | — | — | 75 | Derivative Income | ZVOL vs WNTR |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ZVOL
Add ZVOL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZVOL