Looking to diversify beyond URNJ? The ETFs below have the lowest correlation with URNJ — 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 URNJ.
Best Diversifiers for URNJ
571 ETFs have low correlation with URNJ (below 0.3), 74 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 70 | Derivative Income | URNJ vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 68 | Inverse Equities, Leveraged Equities | URNJ vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.31 | -0.22 | -0.21 | 57 | Cryptocurrency | URNJ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.30 | -0.27 | -0.27 | 52 | Cryptocurrency, Leveraged Cryptocurrency | URNJ vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.25 | -0.21 | — | 51 | Currency | URNJ vs UUP |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from URNJ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to URNJ and solid risk/return profiles. The least correlated is Bank of America Corporation (BAC) (Financial Services) with a 1Y correlation of 0.18, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bank of America Corporation | 0.18 | 0.16 | 0.17 | 79 | Financial Services | |
| Uranium Energy Corp. | 0.84 | 0.84 | — | 67 | Energy |
Build a portfolio that complements URNJ
Add URNJ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with URNJ