Looking to diversify beyond ZJAN? The ETFs below have the lowest correlation with ZJAN — 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 ZJAN.
Best Diversifiers for ZJAN
163 ETFs have low correlation with ZJAN (below 0.3), 17 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.24, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | -0.25 | -0.25 | 98 | Inflation-Protected Bonds | ZJAN vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | -0.18 | -0.18 | 95 | Inflation-Protected Bonds | ZJAN vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.13 | -0.03 | -0.03 | 98 | Ultrashort Bond | ZJAN vs BAMU | |
| First Trust Alternative Absolute Return Strategy E... | -0.11 | -0.02 | -0.02 | 70 | Commodities | ZJAN vs FAAR | |
| Breakwave Tanker Shipping ETF | -0.11 | — | — | 98 | Commodities | ZJAN vs BWET |
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