Looking to diversify beyond DFJ? The ETFs below have the lowest correlation with DFJ — 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 DFJ.
Best Diversifiers for DFJ
748 ETFs have low correlation with DFJ (below 0.3), 65 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.37 | -0.36 | 67 | Leveraged Currency | DFJ vs YCS | |
| United States Brent Oil Fund LP | -0.24 | -0.06 | 0.06 | 65 | Oil & Gas | DFJ vs BNO | |
| United States Oil Fund LP | -0.24 | -0.06 | 0.06 | 66 | Oil & Gas | DFJ vs USO | |
| Invesco DB Energy Fund | -0.24 | -0.07 | 0.06 | 71 | Oil & Gas | DFJ vs DBE | |
| United States Gasoline Fund LP | -0.21 | -0.06 | 0.05 | 70 | Oil & Gas | DFJ vs UGA |
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