Looking to diversify beyond DXJS? The ETFs below have the lowest correlation with DXJS — 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 DXJS.
Best Diversifiers for DXJS
581 ETFs have low correlation with DXJS (below 0.3), 71 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | -0.04 | 0.08 | 71 | Oil & Gas | DXJS vs DBE | |
| United States Oil Fund LP | -0.18 | -0.01 | 0.08 | 66 | Oil & Gas | DXJS vs USO | |
| United States Brent Oil Fund LP | -0.18 | -0.00 | 0.08 | 65 | Oil & Gas | DXJS vs BNO | |
| United States Gasoline Fund LP | -0.17 | -0.03 | 0.07 | 69 | Oil & Gas | DXJS vs UGA | |
| United States 12 Month Oil Fund LP | -0.17 | -0.00 | 0.09 | 56 | Oil & Gas | DXJS vs USL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DXJS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DXJS and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.22, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 0.22 | 0.21 | 0.20 | 72 | Healthcare | |
| Sterling Construction Company, Inc. | 0.36 | 0.32 | 0.34 | 97 | Industrials |
Build a portfolio that complements DXJS
Add DXJS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DXJS