Looking to diversify beyond RWJ? The ETFs below have the lowest correlation with RWJ — 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 RWJ.
Best Diversifiers for RWJ
227 ETFs have low correlation with RWJ (below 0.3), 22 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.17, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.17 | -0.09 | -0.04 | 61 | Leveraged Currency | RWJ vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | RWJ vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | RWJ vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.15 | — | — | 99 | Ultrashort Bond | RWJ vs CSHP | |
| iShares Diversified Commodity Swap UCITS ETF | -0.09 | -0.01 | — | 77 | Commodities | RWJ vs ISCMF |
See all 1571 diversifiers for RWJ
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