Looking to diversify beyond JOET? The ETFs below have the lowest correlation with JOET — 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 JOET.
Best Diversifiers for JOET
345 ETFs have low correlation with JOET (below 0.3), 75 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 63 | Inverse Equities | JOET vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 70 | Inverse Equities, Leveraged Equities | JOET vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.36 | -0.38 | 52 | Cryptocurrency | JOET vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 73 | Derivative Income | JOET vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.07 | 0.10 | 57 | Oil & Gas | JOET vs DBE |
See all 2067 diversifiers for JOET
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