Looking to diversify beyond JUNW? The ETFs below have the lowest correlation with JUNW — 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 JUNW.
Best Diversifiers for JUNW
416 ETFs have low correlation with JUNW (below 0.3), 73 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.04 | -0.04 | 71 | Oil & Gas | JUNW vs DBE | |
| United States Oil Fund LP | -0.28 | -0.04 | — | 66 | Oil & Gas | JUNW vs USO | |
| United States Brent Oil Fund LP | -0.26 | -0.03 | — | 65 | Oil & Gas | JUNW vs BNO | |
| United States Gasoline Fund LP | -0.26 | -0.03 | -0.03 | 69 | Oil & Gas | JUNW vs UGA | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | -0.04 | -0.04 | 56 | Derivative Income | JUNW vs USOY |
See all 2102 diversifiers for JUNW
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JUNW
Add JUNW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JUNW