Looking to balance out your exposure to JBTM? The ETFs below have the lowest correlation with JBTM — they tend to move on their own, which can help reduce risk when JBTM drops. The stock ideas table highlights individual companies that behave independently from JBTM.
No Diversifiers Found for JBTM
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 JBTM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JBTM and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.02, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.02 | 0.13 | 0.22 | 76 | Energy | |
| Gilead Sciences, Inc. | 0.19 | 0.15 | 0.20 | 63 | Healthcare |
Build a portfolio that complements JBTM
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