Looking to diversify beyond DBJP? The ETFs below have the lowest correlation with DBJP — 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 DBJP.
Best Diversifiers for DBJP
463 ETFs have low correlation with DBJP (below 0.3), 96 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.24, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.24 | -0.04 | 0.08 | 71 | Oil & Gas | DBJP vs DBE | |
| United States Oil Fund LP | -0.23 | -0.02 | 0.07 | 66 | Oil & Gas | DBJP vs USO | |
| United States Brent Oil Fund LP | -0.23 | -0.03 | 0.07 | 65 | Oil & Gas | DBJP vs BNO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 98 | Inflation-Protected Bonds | DBJP vs RBIL | |
| United States Gasoline Fund LP | -0.20 | -0.03 | 0.06 | 69 | Oil & Gas | DBJP vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DBJP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DBJP and solid risk/return profiles. The least correlated is MSCI Inc. (MSCI) (Financial Services) with a 1Y correlation of 0.13, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| MSCI Inc. | 0.13 | 0.26 | 0.39 | 50 | Financial Services |
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