Looking to diversify beyond SLJY? The ETFs below have the lowest correlation with SLJY — 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 SLJY.
Best Diversifiers for SLJY
428 ETFs have low correlation with SLJY (below 0.3), 36 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.19, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.19 | -0.19 | -0.19 | 71 | Oil & Gas | SLJY vs DBE | |
| United States Oil Fund LP | -0.19 | -0.19 | -0.19 | 66 | Oil & Gas | SLJY vs USO | |
| United States Brent Oil Fund LP | -0.18 | -0.18 | -0.18 | 65 | Oil & Gas | SLJY vs BNO | |
| Invesco DB Oil Fund | -0.16 | -0.16 | -0.16 | 65 | Oil & Gas | SLJY vs DBO | |
| United States Gasoline Fund LP | -0.16 | -0.16 | -0.16 | 69 | Oil & Gas | SLJY vs UGA |
See all 1539 diversifiers for SLJY
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