Looking to diversify beyond FJP? The ETFs below have the lowest correlation with FJP — 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 FJP.
Best Diversifiers for FJP
391 ETFs have low correlation with FJP (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.22 | -0.24 | 63 | Leveraged Currency | FJP vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | FJP vs RBIL | |
| United States Gasoline Fund LP | -0.18 | -0.04 | 0.07 | 55 | Oil & Gas | FJP vs UGA | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | FJP vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | 0.08 | 0.08 | 98 | Inflation-Protected Bonds | FJP vs IBIC |
See all 1943 diversifiers for FJP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FJP
Add FJP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FJP