Looking to diversify beyond JAAA? The ETFs below have historically moved differently from JAAA, 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 JAAA
2080 ETFs have low correlation with JAAA (below 0.3), 80 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.20 | — | — | 69 | Derivative Income | JAAA vs WNTR | |
| Brookstone Ultra-Short Bond ETF | -0.15 | 0.00 | 0.00 | 99 | Ultrashort Bond | JAAA vs BAMU | |
| ProShares UltraShort Yen | -0.15 | -0.03 | -0.06 | 59 | Leveraged Currency | JAAA vs YCS | |
| ProShares Short Bitcoin ETF | -0.14 | -0.10 | -0.11 | 51 | Cryptocurrency | JAAA vs BITI | |
| USCF Sustainable Commodity Strategy Fund | -0.11 | — | — | 86 | Commodities | JAAA vs ZSC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JAAA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Medical Properties Trust, Inc (MPT) (Real Estate) with a 1Y correlation of -0.09, down from 0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Medical Properties Trust, Inc | -0.09 | 0.02 | 0.05 | 62 | Real Estate | |
| Consolidated Edison, Inc. | -0.07 | 0.01 | 0.03 | 56 | Utilities | |
| Verizon Communications Inc. | -0.06 | 0.02 | 0.03 | 66 | Communication Services | |
| Duke Energy Corporation | -0.06 | 0.04 | 0.06 | 52 | Utilities | |
| RenaissanceRe Holdings Ltd. | -0.05 | 0.05 | 0.02 | 82 | Financial Services |
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