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
323 ETFs have low correlation with SLJY (below 0.3), 12 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.17, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.17 | -0.17 | -0.17 | 55 | Oil & Gas | SLJY vs UGA | |
| Breakwave Tanker Shipping ETF | -0.06 | -0.06 | -0.06 | 98 | Commodities | SLJY vs BWET | |
| Vanguard Ultra-Short Treasury ETF | -0.04 | — | — | 99 | Ultrashort Bond, Government Bonds | SLJY vs VGUS | |
| PIMCO Enhanced Short Maturity Active ETF | -0.03 | -0.03 | -0.03 | 100 | Ultrashort Bond | SLJY vs MINT | |
| SGI Enhanced Core ETF | -0.03 | -0.03 | -0.03 | 95 | Intermediate Core Bond | SLJY vs USDX |
See all 1393 diversifiers for SLJY
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