Looking to diversify beyond LJAN? The ETFs below have the lowest correlation with LJAN — 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 LJAN.
Best Diversifiers for LJAN
447 ETFs have low correlation with LJAN (below 0.3), 57 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.41, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | -0.46 | -0.46 | 65 | Derivative Income | LJAN vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | -0.41 | -0.41 | 53 | Inverse Equities | LJAN vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | -0.39 | -0.39 | 60 | Inverse Equities, Leveraged Equities | LJAN vs MSTZ | |
| Return Stacked Bonds & Futures Yield ETF | -0.21 | -0.15 | -0.15 | 51 | Multistrategy | LJAN vs RSBY | |
| Direxion Daily NFLX Bear 1X Shares | -0.20 | -0.28 | -0.28 | 60 | Inverse Equities | LJAN vs NFXS |
See all 2044 diversifiers for LJAN
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