Looking to diversify beyond PJUL? The ETFs below have the lowest correlation with PJUL — 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 PJUL.
Best Diversifiers for PJUL
287 ETFs have low correlation with PJUL (below 0.3), 62 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 -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.34 | -0.36 | 57 | Cryptocurrency | PJUL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | PJUL vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.42 | -0.42 | 68 | Inverse Equities, Leveraged Equities | PJUL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | -0.45 | -0.45 | 70 | Derivative Income | PJUL vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.27 | -0.20 | -0.27 | 51 | Currency | PJUL vs UUP |
See all 1633 diversifiers for PJUL
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