Looking to diversify beyond IJT? The ETFs below have the lowest correlation with IJT — 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 IJT.
Best Diversifiers for IJT
313 ETFs have low correlation with IJT (below 0.3), 61 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.36 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.36 | — | 57 | Cryptocurrency | IJT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | IJT vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 68 | Inverse Equities, Leveraged Equities | IJT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 60 | Inverse Equities | IJT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 70 | Derivative Income | IJT vs WNTR |
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