Looking to balance out your exposure to JBHT? The ETFs below have the lowest correlation with JBHT — they tend to move on their own, which can help reduce risk when JBHT drops. The stock ideas table highlights individual companies that behave independently from JBHT.
Best Diversifiers for JBHT
2 ETFs have low correlation with JBHT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.21, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.21 | 0.32 | 0.41 | 58 | Technology Equities | JBHT vs VGT | |
| SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.26 | 0.37 | 0.46 | 64 | S&P 500 | JBHT vs SPUS | |
| iShares Semiconductor ETF | 0.30 | 0.35 | 0.41 | 95 | Semiconductors, Technology Equities | JBHT vs SOXX | |
| Vanguard S&P 500 ETF | 0.34 | 0.45 | 0.52 | 60 | S&P 500 | JBHT vs VOO | |
| Wahed FTSE USA Shariah ETF | 0.34 | 0.42 | 0.50 | 77 | Large Cap Growth Equities | JBHT vs HLAL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JBHT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JBHT and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.02 | 0.14 | 74 | Consumer Defensive | |
| Chevron Corporation | 0.02 | 0.18 | 0.24 | 70 | Energy | |
| Pinnacle West Capital Corporation | 0.06 | 0.17 | 0.23 | 78 | Utilities | |
| Marathon Petroleum Corporation | 0.07 | 0.23 | 0.26 | 82 | Energy | |
| Eversource Energy | 0.09 | 0.18 | 0.22 | 63 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JBHT
Add JBHT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JBHT