Looking to balance out your exposure to JAPAY? The ETFs below have the lowest correlation with JAPAY — they tend to move on their own, which can help reduce risk when JAPAY drops. The stock ideas table highlights individual companies that behave independently from JAPAY.
No Diversifiers Found for JAPAY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JAPAY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JAPAY and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of 0.13, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | 0.13 | 0.15 | 0.16 | 80 | Consumer Defensive | |
| Philip Morris International Inc. | 0.24 | 0.21 | 0.21 | 52 | Consumer Defensive | |
| Danone PK | 0.27 | 0.26 | 0.24 | 55 | Consumer Defensive |
Build a portfolio that complements JAPAY
Add JAPAY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JAPAY