Looking to diversify beyond JANU? The ETFs below have historically moved differently from JANU, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JANU
409 ETFs have low correlation with JANU (below 0.3), 83 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | — | — | 52 | Inverse Equities | JANU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 61 | Inverse Equities, Leveraged Equities | JANU vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.46 | — | — | 61 | Cryptocurrency | JANU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | JANU vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.46 | — | — | 75 | Derivative Income | JANU vs WNTR |
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