Looking to diversify beyond AMJB? The ETFs below have historically moved differently from AMJB, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AMJB
2137 ETFs have low correlation with AMJB (below 0.3), 1290 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Active Intermediate Muni Bond ETF | -0.27 | — | — | 73 | Municipal Bonds | AMJB vs MFSM | |
| NYLI MacKay Muni Short Duration ETF | -0.24 | — | — | 71 | Municipal Bonds | AMJB vs MMSD | |
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Res... | -0.24 | — | — | 63 | Municipal Bonds | AMJB vs TAXM | |
| American Century California Municipal Bond ETF | -0.23 | — | — | 67 | Municipal Bonds | AMJB vs CATF | |
| ALPS Intermediate Municipal Bond ETF | -0.23 | — | — | 64 | Municipal Bonds | AMJB vs MNBD |
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