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
1616 ETFs have low correlation with JAAA (below 0.3), 52 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.19, 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 | -0.19 | -0.24 | -0.24 | 51 | Derivative Income | JAAA vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | -0.13 | -0.13 | 63 | Inverse Equities | JAAA vs NFXS | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | JAAA vs BAMU | |
| USCF Sustainable Commodity Strategy Fund | -0.13 | — | — | 76 | Commodities | JAAA vs ZSC | |
| ProShares UltraShort Yen | -0.12 | -0.02 | -0.05 | 73 | Leveraged Currency | JAAA vs YCS |
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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 Lockheed Martin Corporation (LMT) (Industrials) with a 1Y correlation of -0.06, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lockheed Martin Corporation | -0.06 | 0.02 | 0.03 | 52 | Industrials | |
| Verizon Communications Inc. | -0.05 | 0.01 | 0.03 | 62 | Communication Services | |
| Exxon Mobil Corporation | -0.04 | 0.04 | 0.06 | 74 | Energy | |
| PepsiCo, Inc. | -0.04 | 0.04 | 0.03 | 59 | Consumer Defensive | |
| Consolidated Edison, Inc. | -0.04 | 0.01 | 0.03 | 66 | Utilities |
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