Looking to diversify beyond BSJW? The ETFs below have the lowest correlation with BSJW — 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 BSJW.
Best Diversifiers for BSJW
178 ETFs have low correlation with BSJW (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, down from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.21 | -0.21 | 63 | Leveraged Currency | BSJW vs YCS | |
| United States Gasoline Fund LP | -0.32 | — | — | 55 | Oil & Gas | BSJW vs UGA | |
| VanEck Commodity Strategy ETF | -0.21 | -0.03 | -0.03 | 57 | Commodities | BSJW vs PIT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.18 | -0.18 | 97 | Inflation-Protected Bonds | BSJW vs RBIL | |
| First Trust Alternative Absolute Return Strategy E... | -0.18 | -0.04 | -0.04 | 75 | Commodities | BSJW vs FAAR |
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