Looking to diversify beyond JAVA? The ETFs below have the lowest correlation with JAVA — 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 JAVA.
Best Diversifiers for JAVA
297 ETFs have low correlation with JAVA (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 60 | Inverse Equities, Leveraged Equities | JAVA vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 53 | Inverse Equities | JAVA vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 65 | Derivative Income | JAVA vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 51 | Multistrategy | JAVA vs RSBY | |
| ProShares UltraShort Yen | -0.21 | -0.08 | — | 75 | Leveraged Currency | JAVA vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JAVA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JAVA and solid risk/return profiles. The least correlated is Warner Bros. Discovery, Inc. (WBD) (Communication Services) with a 1Y correlation of 0.21, down from 0.39 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Warner Bros. Discovery, Inc. | 0.21 | 0.39 | — | 97 | Communication Services | |
| Avanos Medical, Inc. | 0.39 | 0.48 | — | 93 | Healthcare |
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