Looking to diversify beyond JAAA? The ETFs below have the lowest correlation with JAAA — 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 JAAA.
Best Diversifiers for JAAA
1707 ETFs have low correlation with JAAA (below 0.3), 59 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.24, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | -0.24 | -0.24 | 70 | Derivative Income | JAAA vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.23 | — | — | 65 | Inverse Equities, Leveraged Equities | JAAA vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.22 | — | — | 56 | Inverse Equities | JAAA vs SMST | |
| ProShares Short Bitcoin ETF | -0.17 | -0.10 | -0.11 | 53 | Cryptocurrency | JAAA vs BITI | |
| Direxion Daily NFLX Bear 1X Shares | -0.16 | — | — | 61 | Inverse Equities | JAAA vs NFXS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JAAA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JAAA and solid risk/return profiles. The least correlated is Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.06, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.06 | 0.03 | 0.06 | 64 | Energy | |
| Altria Group, Inc. | -0.06 | 0.03 | 0.02 | 78 | Consumer Defensive | |
| Consolidated Edison, Inc. | -0.06 | 0.01 | 0.03 | 69 | Utilities | |
| Medical Properties Trust, Inc | -0.06 | 0.03 | 0.06 | 62 | Real Estate | |
| Lockheed Martin Corporation | -0.06 | 0.04 | 0.04 | 56 | Industrials |
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