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
341 ETFs have low correlation with KJAN (below 0.3), 54 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.50, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.50 | -0.41 | -0.42 | 57 | Cryptocurrency | KJAN vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.50 | -0.47 | -0.47 | 52 | Cryptocurrency, Leveraged Cryptocurrency | KJAN vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.50 | — | — | 60 | Inverse Equities | KJAN vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | — | — | 68 | Inverse Equities, Leveraged Equities | KJAN vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.48 | -0.47 | -0.47 | 70 | Derivative Income | KJAN vs WNTR |
See all 2035 diversifiers for KJAN
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