Looking to diversify beyond DJAN? The ETFs below have the lowest correlation with DJAN — 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 DJAN.
Best Diversifiers for DJAN
173 ETFs have low correlation with DJAN (below 0.3), 29 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.47, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | -0.50 | -0.50 | 65 | Derivative Income | DJAN vs WNTR | |
| United States Gasoline Fund LP | -0.21 | -0.07 | 0.02 | 72 | Oil & Gas | DJAN vs UGA | |
| ProShares UltraShort Yen | -0.18 | -0.03 | -0.03 | 75 | Leveraged Currency | DJAN vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.11 | — | — | 99 | Ultrashort Bond | DJAN vs BAMU | |
| Alerian Energy Infrastructure ETF | -0.11 | 0.24 | 0.36 | 73 | Energy Equities | DJAN vs ENFR |
See all 1134 diversifiers for DJAN
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