Looking to balance out your exposure to ZVRA? The ETFs below have the lowest correlation with ZVRA — they tend to move on their own, which can help reduce risk when ZVRA drops. The stock ideas table highlights individual companies that behave independently from ZVRA.
Best Diversifiers for ZVRA
1 ETFs have low correlation with ZVRA (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.18, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.18 | 0.28 | 0.33 | 60 | S&P 500 | ZVRA vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ZVRA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ZVRA and solid risk/return profiles. The least correlated is Vista Oil & Gas, S.A.B. de C.V. (VIST) (Energy) with a 1Y correlation of 0.06, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | 0.06 | 0.14 | 0.13 | 61 | Energy | |
| Gold Fields Limited | 0.08 | 0.06 | 0.05 | 62 | Basic Materials | |
| Ero Copper Corp | 0.10 | 0.15 | 0.17 | 72 | Basic Materials | |
| Eli Lilly and Company | 0.11 | 0.16 | 0.15 | 75 | Healthcare | |
| NVIDIA Corporation | 0.11 | 0.18 | 0.27 | 70 | Technology |
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