Looking to diversify beyond NJUN? The ETFs below have historically moved differently from NJUN, 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 NJUN
267 ETFs have low correlation with NJUN (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.43 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.43 | -0.43 | 61 | Cryptocurrency | NJUN vs BITI | |
| Alpha Architect Tail Risk ETF | -0.35 | — | — | 56 | Options Trading | NJUN vs CAOS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | -0.16 | -0.16 | 98 | Inflation-Protected Bonds | NJUN vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 97 | Inflation-Protected Bonds | NJUN vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | NJUN vs BAMU |
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