Looking to diversify beyond JHAC? The ETFs below have the lowest correlation with JHAC — 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 JHAC.
Best Diversifiers for JHAC
340 ETFs have low correlation with JHAC (below 0.3), 63 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.37 | -0.37 | 57 | Cryptocurrency | JHAC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JHAC vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | JHAC vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 60 | Inverse Equities | JHAC vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | JHAC vs WNTR |
See all 2047 diversifiers for JHAC
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JHAC
Add JHAC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JHAC