Looking to diversify beyond SILJ? The ETFs below have the lowest correlation with SILJ — 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 SILJ.
Best Diversifiers for SILJ
393 ETFs have low correlation with SILJ (below 0.3), 23 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.19 | -0.19 | -0.25 | 61 | Leveraged Currency | SILJ vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | SILJ vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | SILJ vs CSHP | |
| TCW AAA CLO ETF | -0.09 | — | — | 99 | CLO | SILJ vs ACLO | |
| Brookstone Ultra-Short Bond ETF | -0.07 | -0.04 | -0.04 | 98 | Ultrashort Bond | SILJ vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SILJ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SILJ and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | -0.01 | 0.10 | 70 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.09 | 0.10 | 0.23 | 82 | Energy | |
| ConocoPhillips Company | -0.08 | 0.06 | 0.19 | 61 | Energy | |
| Energy Transfer LP | -0.06 | 0.14 | 0.23 | 67 | Energy | |
| The Coca-Cola Company | -0.05 | 0.03 | 0.10 | 74 | Consumer Defensive |
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