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
143 ETFs have low correlation with DJAN (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.03 | -0.03 | 61 | Leveraged Currency | DJAN vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | DJAN vs CSHP | |
| Brookstone Ultra-Short Bond ETF | -0.12 | — | — | 98 | Ultrashort Bond | DJAN vs BAMU | |
| First Trust Alternative Absolute Return Strategy E... | -0.10 | -0.01 | -0.01 | 70 | Commodities | DJAN vs FAAR | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | -0.05 | -0.02 | 100 | Government Bonds, Ultrashort Bond | DJAN vs USFR |
See all 1147 diversifiers for DJAN
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