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 0.07, 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 | 0.07 | 0.12 | 0.20 | 70 | S&P 500 | JBSS vs SPY |
Diversification Analysis
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