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
1475 ETFs have low correlation with JHCP (below 0.3), 93 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | — | — | 61 | Leveraged Currency | JHCP vs YCS | |
| United States Gasoline Fund LP | -0.39 | — | — | 69 | Oil & Gas | JHCP vs UGA | |
| Invesco DB Oil Fund | -0.38 | -0.30 | -0.30 | 65 | Oil & Gas | JHCP vs DBO | |
| Invesco DB Energy Fund | -0.38 | -0.30 | -0.30 | 71 | Oil & Gas | JHCP vs DBE | |
| United States Brent Oil Fund LP | -0.37 | — | — | 65 | Oil & Gas | JHCP vs BNO |
See all 2106 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