Looking to diversify beyond JHCP? The ETFs below have the lowest correlation with JHCP — 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 JHCP.
Best Diversifiers for JHCP
979 ETFs have low correlation with JHCP (below 0.3), 58 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | — | — | 63 | Leveraged Currency | JHCP vs YCS | |
| United States Gasoline Fund LP | -0.39 | — | — | 55 | Oil & Gas | JHCP vs UGA | |
| Fidelity Managed Futures ETF | -0.28 | -0.28 | -0.28 | 64 | Systematic Trend | JHCP vs FFUT | |
| VanEck Commodity Strategy ETF | -0.23 | -0.18 | -0.18 | 57 | Commodities | JHCP vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.23 | -0.16 | -0.16 | 75 | Commodities | JHCP vs FAAR |
See all 1939 diversifiers for JHCP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JHCP
Add JHCP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JHCP