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25 Stocks and 75 ETFs for diversifying EWJ (ISHARES MSCI JAPAN ETF)

The least correlated asset to EWJ (ISHARES MSCI JAPAN ETF) is ETF EWV (ProShares UltraShort MSCI Japan -2x Shares). The correlation is -0.9922.

Stocks that lowly correlated with EWJ

SymbolName
Market cap
SectorIndustry
Correlation
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.76
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.75
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.72
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.61
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.54
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.52
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.52
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.51
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.49
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.46
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.45
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.44
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.41
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.40
TURBTurbo Energy S.A.$7.58MTechnologySolar-0.40
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.40
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.39
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.39
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.37
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.37
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.36
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.36
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.36
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.36
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.35

ETFs that lowly correlated with EWJ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.99
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.86
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.86
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.79
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.77
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.76
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.73
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.72
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.72
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.72
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.72
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.71
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.71
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.71
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.71
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.71
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.71
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.70
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.70
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.69
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.68
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.68
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.65
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.65
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.65
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.65
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.64
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.62
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.61
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.61
COIIREX COIN GROWTH & INCOME ETF $2.80MN/AJun 3, 2025-0.60
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.60
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.57
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.57
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.56
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.55
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.53
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.52
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.52
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.51
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.49
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.49
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.48
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.48
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.48
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.47
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.45
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.45
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.45
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.45
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.44
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.42
FNGDBank of Montreal$68MN/AJan 22, 2018-0.42
OILDBank of Montreal$19MN/ANov 8, 2021-0.40
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.40
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.39
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.39
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.39
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.37
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.36
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.36
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.36
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.36