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46 Stocks and 54 ETFs for diversifying Zimmer Biomet (ZBH)

The least correlated asset to Zimmer Biomet (ZBH) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.6256.

Stocks that lowly correlated with ZBH

SymbolName
Market cap
SectorIndustry
Correlation
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.62
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.61
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.60
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.60
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.59
ULSUL Solutions Inc - Class A$18BIndustrialsSpecialty Business Services-0.58
NOEMUCO2 Energy Transition Corp - Units (1 Ord1 War & 1 Rts)$78MFinancial ServicesShell Companies-0.58
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.56
CHARCHAPARRAL RESOURCES INC$119MFinancial ServicesShell Companies-0.55
COLARColumbus Acquisition Corp Rights$778KN/AN/A-0.54
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.54
CEPOCantor Equity Partners I Inc - Class A$271MFinancial ServicesShell Companies-0.54
MIAXMiami International Holdings Inc$4BFinancial ServicesCapital Markets-0.53
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.53
RIBBRibbon Acquisition Corp$41MFinancial ServicesShell Companies-0.52
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.51
GRAFGraf Global Corp - Class A$311MFinancial ServicesShell Companies-0.50
FAASDigiAsia Corp$4.92MTechnologySoftware - Infrastructure-0.50
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.49
ATHRAether Holdings Inc$53MTechnologySoftware - Application-0.49
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.49
OSTOstin Technology Group Co Ltd - Class A$10MTechnologyElectronic Components-0.49
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.49
SIMASIM Acquisition Corp I - Class A$73MFinancial ServicesShell Companies-0.48
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.48
OSOneStream Inc - Class A$4.43BTechnologySoftware - Infrastructure-0.47
ALDFAldel Financial II Inc$247MFinancial ServicesShell Companies-0.47
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.46
APADREnhanced Group Inc$6.67MN/AN/A-0.46
FSHPUFlag Ship Acquisition Corp - Units (1 & 1 Rights)$61MFinancial ServicesShell Companies-0.46
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.46
KBDCKayne Anderson BDC Inc$915MFinancial ServicesAsset Management-0.46
VEEAVeea Inc$9.93MTechnologyInformation Technology Services-0.45
DXFN/A$1.40MFinancial ServicesCredit Services-0.45
DRDBRoman DBDR Acquisition Corp II$244MFinancial ServicesShell Companies-0.45
GUTSFractyl Health Inc$144MHealthcareBiotechnology-0.45
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.44
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.44
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.44
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.44
RDACRising Dragon Acquisition Corp$24MFinancial ServicesShell Companies-0.43
ALFCenturion Acquisition Corp - Class A$312MFinancial ServicesShell Companies-0.43
ATIIArchimedes Tech SPAC Partners II Company$247MFinancial ServicesShell Companies-0.43
CEPTCantor Equity Partners II Inc - Class A$284MFinancial ServicesShell Companies-0.43
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.43
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.43

ETFs that lowly correlated with ZBH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.63
GOOWROUNDHILL GOOGL WEEKLYPAY ETF $85MN/AJul 23, 2025-0.60
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.59
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.57
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.57
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.57
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.56
CRWLGRANITESHARES 2X LONG CRWD DAILY ETF $53MN/ANov 11, 2024-0.56
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.56
AMZWROUNDHILL AMZN WEEKLYPAY ETF $34MN/AJun 17, 2025-0.56
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.54
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.53
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.53
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.53
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.53
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.52
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.52
CRMGLEVERAGE SHARES 2X LONG CRM DAILY ETF $49MN/AFeb 9, 2026-0.52
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.52
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.52
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.51
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.51
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.51
DRAIDRACO EVOLUTION AI ETF $22M1.34%Jul 9, 2024-0.50
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.50
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.49
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
XLKISTATE STREET(R) TECHNOLOGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $11M0.35%Jul 29, 2025-0.47
SAPHSAP SE ADRHEDGED $287K0.19%Jan 6, 2025-0.47
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.47
FBPROSHARES S&P 500 DYNAMIC DAILY BUFFER ETF $1.30M0.58%Jun 24, 2025-0.46
QCMLGRANITESHARES 2X LONG QCOM DAILY ETF $136MN/AFeb 12, 2025-0.46
QBFInnovator Uncapped Bitcoin 20 Floor ETF - Quarterly$13M0.79%Feb 5, 2025-0.46
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.44
FFUTFIDELITY MANAGED FUTURES ETF $247M0.80%Jun 3, 2025-0.44
MAGYROUNDHILL MAGNIFICENT SEVEN COVERED CALL ETF $131M0.99%Apr 22, 2025-0.44
TRUDVANECK CONSUMER DISCRETIONARY TRUSECTOR ETF $33M0.16%Aug 20, 2025-0.43
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.43