Looking to diversify beyond JANZ? The ETFs below have the lowest correlation with JANZ — 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 JANZ.
Best Diversifiers for JANZ
361 ETFs have low correlation with JANZ (below 0.3), 59 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.46, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | -0.45 | -0.45 | 53 | Inverse Equities | JANZ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | -0.44 | -0.44 | 60 | Inverse Equities, Leveraged Equities | JANZ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | -0.46 | -0.46 | 65 | Derivative Income | JANZ vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.23 | -0.20 | -0.20 | 51 | Multistrategy | JANZ vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | JANZ vs IBIC |
See all 2049 diversifiers for JANZ
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