Looking to diversify beyond JADE? The ETFs below have the lowest correlation with JADE — 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 JADE.
Best Diversifiers for JADE
420 ETFs have low correlation with JADE (below 0.3), 77 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.37 | -0.37 | 57 | Cryptocurrency | JADE vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JADE vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.38 | — | — | 51 | Currency | JADE vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 60 | Inverse Equities | JADE vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 68 | Inverse Equities, Leveraged Equities | JADE vs MSTZ |
See all 2037 diversifiers for JADE
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