Looking to diversify beyond KJAN? The ETFs below have the lowest correlation with KJAN — 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 KJAN.
Best Diversifiers for KJAN
373 ETFs have low correlation with KJAN (below 0.3), 66 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.25 | 0.01 | 0.13 | 71 | Oil & Gas | KJAN vs DBE | |
| United States Oil Fund LP | -0.25 | 0.02 | 0.12 | 66 | Oil & Gas | KJAN vs USO | |
| United States Brent Oil Fund LP | -0.23 | 0.02 | 0.12 | 65 | Oil & Gas | KJAN vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | -0.03 | -0.03 | 56 | Derivative Income | KJAN vs USOY | |
| Invesco DB Oil Fund | -0.22 | 0.04 | 0.14 | 65 | Oil & Gas | KJAN vs DBO |
See all 2098 diversifiers for KJAN
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