Looking to diversify beyond NJUL? The ETFs below have the lowest correlation with NJUL — 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 NJUL.
Best Diversifiers for NJUL
221 ETFs have low correlation with NJUL (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.35 | -0.38 | 53 | Cryptocurrency | NJUL vs BITI | |
| Invesco DB Energy Fund | -0.19 | -0.05 | 0.06 | 57 | Oil & Gas | NJUL vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | NJUL vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 96 | Inflation-Protected Bonds | NJUL vs IBID | |
| VanEck Energy Income ETF | -0.13 | 0.17 | 0.29 | 80 | Energy Equities | NJUL vs EINC |
See all 1188 diversifiers for NJUL
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