Looking to diversify beyond BJAN? The ETFs below have the lowest correlation with BJAN — 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 BJAN.
Best Diversifiers for BJAN
357 ETFs have low correlation with BJAN (below 0.3), 62 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.45, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | -0.43 | -0.43 | 53 | Inverse Equities | BJAN vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | -0.42 | -0.42 | 60 | Inverse Equities, Leveraged Equities | BJAN vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 65 | Derivative Income | BJAN vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.26 | — | — | 51 | Multistrategy | BJAN vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | BJAN vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BJAN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BJAN and solid risk/return profiles. The least correlated is The Hershey Company (HSY) (Consumer Defensive) with a 1Y correlation of 0.00, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Hershey Company | 0.00 | 0.07 | 0.14 | 53 | Consumer Defensive | |
| Nestlé S.A. | 0.05 | 0.09 | 0.22 | 58 | Consumer Defensive |
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