Looking to diversify beyond DBJP? The ETFs below have historically moved differently from DBJP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DBJP
506 ETFs have low correlation with DBJP (below 0.3), 91 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, down from -0.18 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.18 | — | 51 | Cryptocurrency | DBJP vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.30 | — | — | 69 | Derivative Income | DBJP vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | -0.20 | -0.20 | 97 | Inflation-Protected Bonds | DBJP vs RBIL | |
| Invesco DB Energy Fund | -0.22 | -0.05 | 0.06 | 66 | Oil & Gas | DBJP vs DBE | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | -0.13 | -0.13 | 96 | Inflation-Protected Bonds | DBJP vs IBID |
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