Looking to diversify beyond MAXJ? The ETFs below have historically moved differently from MAXJ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MAXJ
393 ETFs have low correlation with MAXJ (below 0.3), 89 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | MAXJ vs SBIT | |
| ProShares Short Bitcoin ETF | -0.45 | — | — | 61 | Cryptocurrency | MAXJ vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 61 | Inverse Equities, Leveraged Equities | MAXJ vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.37 | — | — | 75 | Derivative Income | MAXJ vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.28 | — | — | 56 | Options Trading | MAXJ vs CAOS |
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