Looking to diversify beyond KJUL? The ETFs below have the lowest correlation with KJUL — 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 KJUL.
Best Diversifiers for KJUL
376 ETFs have low correlation with KJUL (below 0.3), 71 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.46, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | KJUL vs SBIT | |
| ProShares Short Bitcoin ETF | -0.46 | -0.40 | -0.40 | 57 | Cryptocurrency | KJUL vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 60 | Inverse Equities | KJUL vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | KJUL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | -0.42 | -0.42 | 70 | Derivative Income | KJUL vs WNTR |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements KJUL
Add KJUL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KJUL