Looking to balance out your exposure to JBS? The ETFs below have historically moved differently from JBS, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JBS
1 ETFs have low correlation with JBS (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.13 | — | — | 100 | Ultrashort Bond | JBS vs SGOV |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JBS, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| National Grid plc | 0.11 | — | — | 71 | Utilities | |
| Gilead Sciences, Inc. | 0.15 | — | — | 64 | Healthcare | |
| American Electric Power Company, Inc. | 0.20 | — | — | 73 | Utilities | |
| Alliant Energy Corporation | 0.21 | — | — | 69 | Utilities | |
| Verizon Communications Inc. | 0.23 | — | — | 65 | Communication Services |
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