Looking to balance out your exposure to JFIN? The ETFs below have the lowest correlation with JFIN — they tend to move on their own, which can help reduce risk when JFIN drops. The stock ideas table highlights individual companies that behave independently from JFIN.
Best Diversifiers for JFIN
2 ETFs have low correlation with JFIN (below 0.3), 1 of which are negatively correlated. The least correlated is iShares Ultra Short Duration Bond Active ETF (ICSH) (Ultrashort Bond) with a 1Y correlation of -0.01, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Ultra Short Duration Bond Active ETF | -0.01 | 0.02 | 0.03 | 99 | Ultrashort Bond | JFIN vs ICSH | |
| JPMorgan Ultra-Short Income ETF | 0.05 | 0.04 | 0.04 | 99 | Ultrashort Bond | JFIN vs JPST | |
| Vanguard S&P 500 ETF | 0.33 | 0.24 | 0.26 | 70 | S&P 500 | JFIN vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JFIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JFIN and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.11 | -0.00 | 0.04 | 63 | Consumer Defensive | |
| Medical Properties Trust, Inc | 0.09 | 0.10 | 0.10 | 56 | Real Estate | |
| TORM plc | 0.09 | 0.09 | 0.11 | 88 | Energy |
Build a portfolio that complements JFIN
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