Looking to balance out your exposure to JACK? The ETFs below have the lowest correlation with JACK — they tend to move on their own, which can help reduce risk when JACK drops. The stock ideas table highlights individual companies that behave independently from JACK.
Best Diversifiers for JACK
2 ETFs have low correlation with JACK (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.27, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.27 | 0.26 | 0.33 | 70 | S&P 500 | JACK vs VOO | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.27 | 0.33 | 70 | S&P 500 | JACK vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.36 | 0.37 | 0.38 | 80 | Dividend | JACK vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JACK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JACK and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of 0.06, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | 0.06 | 0.10 | 0.09 | 92 | Healthcare | |
| National Retail Properties, Inc. | 0.15 | 0.15 | 0.20 | 62 | Real Estate | |
| Eli Lilly and Company | 0.16 | 0.08 | 0.07 | 72 | Healthcare |
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