Looking to diversify beyond SJLD? The ETFs below have the lowest correlation with SJLD — 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 SJLD.
Best Diversifiers for SJLD
977 ETFs have low correlation with SJLD (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.16 | — | — | 87 | Energy Equities | SJLD vs BESF | |
| Invesco DB Energy Fund | -0.16 | — | — | 53 | Oil & Gas | SJLD vs DBE | |
| ProShares Short Bitcoin ETF | -0.12 | -0.10 | -0.10 | 57 | Cryptocurrency | SJLD vs BITI | |
| Breakwave Tanker Shipping ETF | -0.12 | -0.07 | -0.07 | 99 | Commodities | SJLD vs BWET | |
| Fidelity MSCI Energy Index ETF | -0.12 | -0.01 | -0.01 | 51 | Energy Equities | SJLD vs FENY |
See all 1143 diversifiers for SJLD
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