Looking to diversify beyond JUNP? The ETFs below have the lowest correlation with JUNP — 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 JUNP.
Best Diversifiers for JUNP
406 ETFs have low correlation with JUNP (below 0.3), 48 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 3 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 | — | 60 | Inverse Equities | JUNP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | -0.44 | — | 68 | Inverse Equities, Leveraged Equities | JUNP vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JUNP vs SBIT | |
| ProShares Short Bitcoin ETF | -0.45 | -0.42 | -0.42 | 57 | Cryptocurrency | JUNP vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 70 | Derivative Income | JUNP vs WNTR |
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