Looking to diversify beyond UJB? The ETFs below have the lowest correlation with UJB — 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 UJB.
Best Diversifiers for UJB
164 ETFs have low correlation with UJB (below 0.3), 70 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.47 | -0.41 | -0.43 | 51 | Currency | UJB vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 68 | Inverse Equities, Leveraged Equities | UJB vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.43 | -0.32 | — | 57 | Cryptocurrency | UJB vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | UJB vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | UJB vs WNTR |
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