Looking to diversify beyond PJIO? The ETFs below have historically moved differently from PJIO, 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 PJIO
229 ETFs have low correlation with PJIO (below 0.3), 51 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | — | — | 61 | Cryptocurrency | PJIO vs BITI | |
| Alpha Architect Tail Risk ETF | -0.34 | — | — | 56 | Options Trading | PJIO vs CAOS | |
| United States Brent Oil Fund LP | -0.28 | — | — | 52 | Oil & Gas | PJIO vs BNO | |
| Invesco DB Energy Fund | -0.28 | — | — | 72 | Oil & Gas | PJIO vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.27 | — | — | 98 | Inflation-Protected Bonds | PJIO vs IBIC |
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