Looking to balance out your exposure to JBIO? The ETFs below have the lowest correlation with JBIO — they tend to move on their own, which can help reduce risk when JBIO drops. The stock ideas table highlights individual companies that behave independently from JBIO.
No Diversifiers Found for JBIO
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 JBIO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JBIO and solid risk/return profiles. The least correlated is Mitsui Engineering & Shipbuilding Co Ltd ADR (MIESY) (Industrials) with a 1Y correlation of -0.07, roughly unchanged from -0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Mitsui Engineering & Shipbuilding Co Ltd ADR | -0.07 | -0.02 | — | 87 | Industrials | |
| Impala Platinum Holdings Ltd | 0.01 | -0.00 | — | 77 | Basic Materials | |
| British American Tobacco p.l.c. | 0.05 | 0.12 | — | 77 | Consumer Defensive | |
| Sibanye Stillwater Limited | 0.13 | 0.18 | — | 72 | Basic Materials | |
| Anglo American Platinum ADR | 0.16 | 0.15 | — | 80 | Basic Materials |
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