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41 Stocks and 59 ETFs for diversifying ZVOL (VOLATILITY PREMIUM PLUS ETF)

The least correlated asset to ZVOL (VOLATILITY PREMIUM PLUS ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with ZVOL

SymbolName
Market cap
SectorIndustry
Correlation
LVACLava Medtech Acquisition Corp - Class A$120MN/AN/A-1.00
ADALAnthemis Digital Acquisitions I Corp - Class A$241MN/AN/A-1.00
SVNAU7 Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$301MN/AN/A-1.00
VMGAVMG Consumer Acquisition Corp - Class A$299MN/AN/A-1.00
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-1.00
RXDXPrometheus Biosciences Inc$9.49BN/AN/A-0.98
DNABSocial Capital Suvretta Holdings Corp II - Class A$330MN/AN/A-0.91
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.89
TANNLTravelCenters of America Inc$364MN/AN/A-0.85
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.81
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.80
TOACUTalon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)$143MN/AN/A-0.77
TANNZTravelCenters of America Inc$367MN/AN/A-0.73
PRDSPardes Biosciences Inc$129MN/AN/A-0.68
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-0.64
TANNITravelCenters of America Inc$368MN/AN/A-0.61
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.61
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.60
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.60
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.55
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-0.53
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.53
MARPSMarine Petroleum Trust$10MEnergyOil & Gas Midstream-0.51
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.49
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.49
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.49
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.49
CAPSCapstone Holding Corp$3.02MBasic MaterialsBuilding Materials-0.47
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.46
EMBKEmbark Technology Inc - Class A$68MN/AN/A-0.45
SPPISpectrum Pharmaceuticals Inc$208MN/AN/A-0.44
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.44
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.43
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.43
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.42
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.41
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.41
ITIIteris Inc$316MN/AN/A-0.41
FCFSFirstCash Holdings Inc$10BFinancial ServicesCredit Services-0.40
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.40
DMDesktop Metal Inc - Class A$165MN/AN/A-0.40

ETFs that lowly correlated with ZVOL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.99
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.99
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.99
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.85
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.75
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.69
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.68
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.68
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $339M0.98%May 13, 2019-0.67
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.65
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.65
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.65
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.64
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.64
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.63
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.63
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.63
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.63
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.62
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.61
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.61
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.61
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.59
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.57
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.56
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.56
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.56
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.55
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.55
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.55
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.52
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.52
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.50
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.49
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.47
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.47
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.46
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.46
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.46
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.45
IRVHGLOBAL X INTEREST RATE VOLATILITY & INFLATION HEDGE ETF $1.40M0.45%Jul 5, 2022-0.45
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.44
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.44
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.43
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.43
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.43
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.43
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.43
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.42
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.41
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.40
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.40