Looking to diversify beyond PSMJ? The ETFs below have the lowest correlation with PSMJ — 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 PSMJ.
Best Diversifiers for PSMJ
187 ETFs have low correlation with PSMJ (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.35 | -0.36 | 57 | Cryptocurrency | PSMJ vs BITI | |
| Invesco DB Energy Fund | -0.18 | -0.04 | 0.08 | 53 | Oil & Gas | PSMJ vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | PSMJ vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.14 | — | — | 99 | Ultrashort Bond | PSMJ vs BAMU | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.09 | 0.03 | 0.13 | 51 | Commodities | PSMJ vs GSG |
See all 1147 diversifiers for PSMJ
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