Looking to diversify beyond PSMJ? The ETFs below have historically moved differently from PSMJ, 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 PSMJ
212 ETFs have low correlation with PSMJ (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, down from -0.35 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.35 | — | 61 | Cryptocurrency | PSMJ vs BITI | |
| Alpha Architect Tail Risk ETF | -0.32 | -0.07 | — | 56 | Options Trading | PSMJ vs CAOS | |
| Invesco DB Energy Fund | -0.22 | -0.06 | 0.07 | 72 | Oil & Gas | PSMJ vs DBE | |
| United States Brent Oil Fund LP | -0.20 | -0.06 | 0.05 | 52 | Oil & Gas | PSMJ vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | PSMJ vs IBIC |
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