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
211 ETFs have low correlation with BSJW (below 0.3), 73 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.45, down from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.45 | -0.34 | -0.34 | 51 | Currency | BSJW vs UUP | |
| ProShares UltraShort Yen | -0.39 | — | — | 72 | Leveraged Currency | BSJW vs YCS | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BSJW vs SBIT | |
| ProShares Short Bitcoin ETF | -0.36 | -0.36 | -0.36 | 57 | Cryptocurrency | BSJW vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | -0.37 | -0.37 | 68 | Inverse Equities, Leveraged Equities | BSJW vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSJW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSJW and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.15 | — | — | 74 | Real Estate |
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