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
193 ETFs have low correlation with UJB (below 0.3), 71 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, down from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.26 | -0.25 | 63 | Leveraged Currency | UJB vs YCS | |
| United States Oil Fund LP | -0.36 | -0.08 | 0.05 | 66 | Oil & Gas | UJB vs USO | |
| United States Brent Oil Fund LP | -0.35 | -0.08 | 0.05 | 65 | Oil & Gas | UJB vs BNO | |
| Invesco DB Energy Fund | -0.35 | -0.08 | 0.07 | 71 | Oil & Gas | UJB vs DBE | |
| Invesco DB Oil Fund | -0.33 | -0.06 | 0.06 | 65 | Oil & Gas | UJB vs DBO |
See all 1664 diversifiers for UJB
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Diversification Analysis
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