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
204 ETFs have low correlation with ZJAN (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.39, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.39 | -0.40 | -0.40 | 57 | Cryptocurrency | ZJAN vs BITI | |
| Invesco DB Energy Fund | -0.28 | -0.13 | -0.13 | 53 | Oil & Gas | ZJAN vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | ZJAN vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | -0.05 | -0.05 | 51 | Commodities | ZJAN vs GSG | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | ZJAN vs BAMU |
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