Looking to diversify beyond AJUL? The ETFs below have the lowest correlation with AJUL — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from AJUL.
Best Diversifiers for AJUL
410 ETFs have low correlation with AJUL (below 0.3), 51 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.38, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | -0.41 | -0.41 | 53 | Inverse Equities | AJUL vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.40 | -0.40 | 60 | Inverse Equities, Leveraged Equities | AJUL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 65 | Derivative Income | AJUL vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 51 | Multistrategy | AJUL vs RSBY | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | AJUL vs RBIL |
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