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48 Stocks and 52 ETFs for diversifying EWZS (ISHARES MSCI BRAZIL SMALL-CAP ETF)

The least correlated asset to EWZS (ISHARES MSCI BRAZIL SMALL-CAP ETF) is ETF BZQ (ProShares UltraShort MSCI Brazil Capped ETF -2x Shares). The correlation is -0.9043.

Stocks that lowly correlated with EWZS

SymbolName
Market cap
SectorIndustry
Correlation
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.69
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.68
NMAXNewsmax Inc Class B$1BCommunication ServicesBroadcasting-0.61
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.61
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.57
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.57
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.54
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.52
AIRJWMontana Technologies Corp Wt Exp$1.88MN/AN/A-0.52
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.49
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.47
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.47
BULLWebull Corporation$2.47BTechnologySoftware - Application-0.46
HTLMHomesToLife Ltd$157MConsumer CyclicalSpecialty Retail-0.46
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.45
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.45
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.45
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.44
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.42
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$69MFinancial ServicesShell Companies-0.42
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.42
RIBBRibbon Acquisition Corp$42MFinancial ServicesShell Companies-0.40
OSTXOS Therapies Inc$74MHealthcareBiotechnology-0.40
HDLSuper Hi International Holding Ltd$782MConsumer CyclicalRestaurants-0.40
PRZOParaZero Technologies Ltd$11MIndustrialsAerospace & Defense-0.40
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.40
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.40
BLTEBelite Bio Inc$5.59BHealthcareBiotechnology-0.39
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.39
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.39
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.39
TE-WST1 Energy Inc Wt Exp$636MN/AN/A-0.39
RALRalliant Corporation$6.99BN/AN/A-0.38
NUKKWNukkleus Inc - Warrants (22/12/2028)$1.41BN/AN/A-0.38
HTCOCaravelle International Group$38MIndustrialsMarine Shipping-0.38
EFC-P-DEllington Financial Inc$2.87BN/AN/A-0.38
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.38
RECTRectitude Holdings Ltd$19MConsumer CyclicalSpecialty Retail-0.38
GLXYGalaxy Digital$5.92BFinancial ServicesCapital Markets-0.38
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.38
PLRZPolyrizon Ltd$27MHealthcareBiotechnology-0.37
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.37
RCTRedCloud Holdings PLC$41MTechnologySoftware - Application-0.37
AIRJMontana Technologies Corp Cl A$327MIndustrialsBuilding Products & Equipment-0.37
SPKLUSpark I Acquisition Corp - Units (1 Ord Class A & 1/2 War)$81MFinancial ServicesShell Companies-0.36
ZENAZenaTech Inc$97MTechnologySoftware - Infrastructure-0.35
NNENano Nuclear Energy Inc$1.42BIndustrialsSpecialty Industrial Machinery-0.35
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.34

ETFs that lowly correlated with EWZS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.90
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.54
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.53
COIIREX COIN GROWTH & INCOME ETF $2.80MN/AJun 3, 2025-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.51
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.51
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.50
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.45
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.45
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.44
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.44
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.43
CLIPGLOBAL X 1-3 MONTH T-BILL ETF $2.50B0.07%Jun 20, 2023-0.42
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.41
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.41
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.41
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.41
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.41
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.40
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.40
BILZPIMCO ULTRA SHORT GOVERNMENT ACTIVE EXCHANGE-TRADED FUND $874M0.14%Jun 21, 2023-0.40
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.39
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.39
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.39
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.39
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.39
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.39
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.39
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.38
OILDBank of Montreal$19MN/ANov 8, 2021-0.38
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.37
XYZGLEVERAGE SHARES 2X LONG XYZ DAILY ETF $3.60MN/AApr 3, 2025-0.37
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.37
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.37
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.37
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.37
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.36
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.36
QCMLGRANITESHARES 2X LONG QCOM DAILY ETF $30MN/AFeb 12, 2025-0.36
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.36
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.35
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.34
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.34
YETHROUNDHILL ETHER COVERED CALL STRATEGY ETF $73M0.96%Sep 3, 2024-0.34
HOOWROUNDHILL HOOD WEEKLYPAY ETF $113MN/AJun 17, 2025-0.34
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.34