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57 Stocks and 43 ETFs for diversifying EWZ (ISHARES MSCI BRAZIL ETF)

The least correlated asset to EWZ (ISHARES MSCI BRAZIL ETF) is ETF BZQ (ProShares UltraShort MSCI Brazil Capped ETF -2x Shares). The correlation is -0.9589.

Stocks that lowly correlated with EWZ

SymbolName
Market cap
SectorIndustry
Correlation
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.75
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.72
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.72
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.65
GENVRGen Digital Inc$843MN/AN/A-0.65
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.64
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.63
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.63
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.60
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.60
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.58
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.58
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.57
AIRJWMontana Technologies Corp Wt Exp$1.70MN/AN/A-0.57
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.56
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.56
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.56
FATNFatpipe Inc$67MTechnologySoftware - Infrastructure-0.56
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.56
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.56
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.55
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.55
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.52
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.52
AIFUAIFU Inc - Class A$360MFinancial ServicesInsurance Brokers-0.50
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.50
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.49
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.49
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.49
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.48
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.48
NHICUNewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War)$210MN/AN/A-0.47
HTLMHomesToLife Ltd$168MConsumer CyclicalSpecialty Retail-0.47
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.45
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.45
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.45
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.45
NHICNewHold Investment Corp III - Class A$202MN/AN/A-0.45
RBRKRubrik Inc - Class A$16BTechnologySoftware - Infrastructure-0.45
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.44
WYFIWhitefiber Inc$1.13BTechnologyInformation Technology Services-0.44
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.44
RECTRectitude Holdings Ltd$18MConsumer CyclicalSpecialty Retail-0.43
SPKLUSpark I Acquisition Corp - Units (1 Ord Class A & 1/2 War)$82MFinancial ServicesShell Companies-0.43
AIRJMontana Technologies Corp Cl A$268MIndustrialsBuilding Products & Equipment-0.43
UMACUnusual Machines Inc$885MTechnologyComputer Hardware-0.43
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.43
OSTXOS Therapies Inc$61MHealthcareBiotechnology-0.42
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.42
SAILSailpoint Inc$8.58BTechnologySoftware - Infrastructure-0.42
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.42
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.42
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.41
CODXCo-Diagnostics Inc$8.97MHealthcareMedical Devices-0.41
NNENano Nuclear Energy Inc$931MIndustrialsSpecialty Industrial Machinery-0.41
TACOWBerto Acquisition Corp - Warrants (01/05/2030)$1.62MN/AN/A-0.41
IBGInnovation Beverage Group Ltd$1.60MConsumer DefensiveBeverages - Wineries & Distilleries-0.40

ETFs that lowly correlated with EWZ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.96
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.74
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.55
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $161MN/AFeb 12, 2025-0.55
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.53
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
PALUDirexion Daily PANW Bull 2X Shares$34MN/AMar 25, 2025-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.51
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.50
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.50
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.50
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.50
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.50
HOOYYIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF $133M0.99%May 7, 2025-0.50
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
CBXYCalamos Bitcoin 90 Series Structured Alt Protection ETF July$5.50M0.69%Jul 7, 2025-0.48
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.48
OILDBank of Montreal$53MN/ANov 8, 2021-0.47
XYZGLEVERAGE SHARES 2X LONG XYZ DAILY ETF $3MN/AApr 3, 2025-0.47
SNOYYIELDMAX(R) SNOW OPTION INCOME STRATEGY ETF $45M1.00%Jun 10, 2024-0.46
CBOYCalamos Bitcoin Structured Alt Protection ETF July$4.90M0.69%Jul 7, 2025-0.46
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.45
DVXKWEBs Defined Volatility XLK ETF$8M0.89%Jul 22, 2025-0.45
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.44
BFJLFT VEST BITCOIN STRATEGY FLOOR15 ETF - JULY $3.30M0.90%Jun 27, 2025-0.44
CBTYCalamos Bitcoin 80 Series Structured Alt Protection ETF July$11M0.69%Jul 7, 2025-0.44
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.44
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.43
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.43
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.43
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.43
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.43
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.42
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.41
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.41
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.41
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.40
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.40