Looking to balance out your exposure to JBGS? The ETFs below have the lowest correlation with JBGS — they tend to move on their own, which can help reduce risk when JBGS drops. The stock ideas table highlights individual companies that behave independently from JBGS.
Best Diversifiers for JBGS
2 ETFs have low correlation with JBGS (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, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.27 | 0.39 | 0.47 | 70 | S&P 500 | JBGS vs VOO | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.39 | 0.47 | 70 | S&P 500 | JBGS vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JBGS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JBGS and solid risk/return profiles. The least correlated is Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) (Real Estate) with a 1Y correlation of 0.23, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Hannon Armstrong Sustainable Infrastructure Capita... | 0.23 | 0.36 | 0.41 | 88 | Real Estate | |
| Jones Lang LaSalle Incorporated | 0.33 | 0.46 | 0.50 | 64 | Real Estate |
Build a portfolio that complements JBGS
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