Looking to diversify beyond BSJS? The ETFs below have the lowest correlation with BSJS — 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 BSJS.
Best Diversifiers for BSJS
271 ETFs have low correlation with BSJS (below 0.3), 69 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.22 | -0.22 | 63 | Leveraged Currency | BSJS vs YCS | |
| United States Oil Fund LP | -0.32 | -0.07 | 0.05 | 66 | Oil & Gas | BSJS vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.07 | 0.06 | 65 | Oil & Gas | BSJS vs BNO | |
| Invesco DB Energy Fund | -0.31 | -0.06 | 0.07 | 71 | Oil & Gas | BSJS vs DBE | |
| ProShares Ultra Bloomberg Crude Oil | -0.30 | -0.06 | 0.07 | 56 | Leveraged Commodities | BSJS vs UCO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSJS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSJS and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.31, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | 0.31 | 0.35 | 0.45 | 63 | Consumer Cyclical |
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