Looking to diversify beyond EWJV? The ETFs below have the lowest correlation with EWJV — 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 EWJV.
Best Diversifiers for EWJV
380 ETFs have low correlation with EWJV (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, down from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.27 | -0.27 | 63 | Leveraged Currency | EWJV vs YCS | |
| United States Gasoline Fund LP | -0.22 | -0.04 | 0.08 | 55 | Oil & Gas | EWJV vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.17 | -0.17 | 97 | Inflation-Protected Bonds | EWJV vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | 0.07 | 0.07 | 98 | Inflation-Protected Bonds | EWJV vs IBIC | |
| TCW AAA CLO ETF | -0.14 | -0.05 | -0.05 | 99 | CLO | EWJV vs ACLO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EWJV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EWJV and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.01, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.01 | 0.13 | 0.23 | 72 | Energy | |
| Hafnia Limited | 0.06 | 0.16 | 0.16 | 80 | Industrials | |
| International Seaways, Inc. | 0.07 | 0.13 | 0.17 | 97 | Energy | |
| BW LPG Limited | 0.15 | 0.16 | 0.11 | 86 | Industrials | |
| Kraken Robotics Inc | 0.21 | 0.17 | 0.20 | 87 | Technology |
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