Skip to main content

Want a detailed portfolio tracker?

55 Stocks and 45 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 -0.9008.

Stocks that lowly correlated with EWZS

SymbolName
Market cap
SectorIndustry
Correlation
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.77
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.76
NMAXNewsmax Inc Class B$1.09BCommunication ServicesBroadcasting-0.68
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.64
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.64
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.59
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.59
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.57
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.57
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.57
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.56
AIRJWMontana Technologies Corp Wt Exp$1.70MN/AN/A-0.56
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.51
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.51
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.50
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.50
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.49
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.48
HTLMHomesToLife Ltd$168MConsumer CyclicalSpecialty Retail-0.47
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.47
KYIVKyivstar Group Ltd$3.48BCommunication ServicesTelecom Services-0.47
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.47
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.45
NCTIntercont (Cayman) Ltd$3.63MIndustrialsMarine Shipping-0.45
GENVRGen Digital Inc$843MN/AN/A-0.45
UMACUnusual Machines Inc$885MTechnologyComputer Hardware-0.44
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.44
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.44
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.44
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.43
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.43
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.42
SPKLUSpark I Acquisition Corp - Units (1 Ord Class A & 1/2 War)$82MFinancial ServicesShell Companies-0.42
AIRJMontana Technologies Corp Cl A$268MIndustrialsBuilding Products & Equipment-0.42
BULLWebull Corporation$3.05BTechnologySoftware - Application-0.42
NHICWNewHold Investment Corp III - Warrants (01/01/9999)$171MN/AN/A-0.42
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.42
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.41
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.40
AXINAxiom Intelligence Acquisition Corp 1 - Class A$341MFinancial ServicesShell Companies-0.40
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.40
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.40
OSTXOS Therapies Inc$61MHealthcareBiotechnology-0.40
PRZOParaZero Technologies Ltd$10MIndustrialsAerospace & Defense-0.39
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.38
CVCapsoVision Inc$315MHealthcareMedical Devices-0.38
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.38
FATNFatpipe Inc$67MTechnologySoftware - Infrastructure-0.38
BLTEBelite Bio Inc$5.88BHealthcareBiotechnology-0.38
NHICUNewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War)$210MN/AN/A-0.37
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.37
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.37
RECTRectitude Holdings Ltd$18MConsumer CyclicalSpecialty Retail-0.36
HDLSuper Hi International Holding Ltd$752MConsumer CyclicalRestaurants-0.36
NUKKWNukkleus Inc - Warrants (22/12/2028)$1.41BN/AN/A-0.36

ETFs that lowly correlated with EWZS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.90
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.70
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.51
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
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.49
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $161MN/AFeb 12, 2025-0.47
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.46
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.46
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.45
HOOWROUNDHILL HOOD WEEKLYPAY ETF $146MN/AJun 17, 2025-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.44
BASGBROWN ADVISORY SUSTAINABLE GROWTH ETF $494M0.61%Jun 13, 2025-0.43
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.43
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.42
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.42
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.41
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.41
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.41
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.40
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.40
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.40
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.39
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.39
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.39
OILDBank of Montreal$53MN/ANov 8, 2021-0.38
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.38
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.38
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.38
PALUDirexion Daily PANW Bull 2X Shares$34MN/AMar 25, 2025-0.38
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.38
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.37
SNOUT-REX 2X LONG SNOW DAILY TARGET ETF $25MN/AApr 23, 2025-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.37
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.37
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.37
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.36