Looking to balance out your exposure to JBSS? The ETFs below have the lowest correlation with JBSS — they tend to move on their own, which can help reduce risk when JBSS drops. The stock ideas table highlights individual companies that behave independently from JBSS.
Best Diversifiers for JBSS
1 ETFs have low correlation with JBSS (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.03, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.03 | 0.12 | 0.20 | 59 | S&P 500 | JBSS vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JBSS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JBSS and solid risk/return profiles. The least correlated is Barrick Mining Corporation (B) (Basic Materials) with a 1Y correlation of 0.10, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Barrick Mining Corporation | 0.10 | 0.10 | 0.12 | 82 | Basic Materials |
Build a portfolio that complements JBSS
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