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
228 ETFs have low correlation with BSJS (below 0.3), 69 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.43 | -0.37 | -0.40 | 51 | Currency | BSJS vs UUP | |
| ProShares Short Bitcoin ETF | -0.38 | -0.28 | -0.30 | 57 | Cryptocurrency | BSJS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BSJS vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | -0.34 | -0.34 | 68 | Inverse Equities, Leveraged Equities | BSJS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | -0.34 | -0.34 | 60 | Inverse Equities | BSJS vs SMST |
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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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.14, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.14 | 0.26 | 0.39 | 53 | Financial Services | |
| Amazon.com, Inc | 0.36 | 0.35 | 0.46 | 54 | Consumer Cyclical |
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