Looking to diversify beyond DJUN? The ETFs below have the lowest correlation with DJUN — 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 DJUN.
Best Diversifiers for DJUN
415 ETFs have low correlation with DJUN (below 0.3), 61 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DJUN vs SBIT | |
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | -0.37 | 57 | Cryptocurrency | DJUN vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | -0.44 | -0.44 | 68 | Inverse Equities, Leveraged Equities | DJUN vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | -0.44 | -0.44 | 53 | Inverse Equities | DJUN vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | -0.47 | -0.47 | 70 | Derivative Income | DJUN vs WNTR |
See all 2061 diversifiers for DJUN
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