Looking to diversify beyond JDVI? The ETFs below have the lowest correlation with JDVI — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from JDVI.
Best Diversifiers for JDVI
290 ETFs have low correlation with JDVI (below 0.3), 46 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.55, roughly unchanged from -0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.55 | -0.52 | -0.52 | 51 | Currency | JDVI vs UUP | |
| ProShares UltraShort Yen | -0.40 | — | — | 72 | Leveraged Currency | JDVI vs YCS | |
| ProShares Short Bitcoin ETF | -0.39 | -0.31 | -0.31 | 57 | Cryptocurrency | JDVI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JDVI vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | — | — | 60 | Inverse Equities | JDVI vs SMST |
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