Looking to diversify beyond JHCP? The ETFs below have historically moved differently from JHCP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JHCP
895 ETFs have low correlation with JHCP (below 0.3), 98 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | — | — | 59 | Leveraged Currency | JHCP vs YCS | |
| Invesco DB Energy Fund | -0.38 | -0.30 | -0.30 | 53 | Oil & Gas | JHCP vs DBE | |
| United States Gasoline Fund, LP | -0.37 | — | — | 74 | Oil & Gas | JHCP vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.34 | -0.26 | -0.26 | 50 | Commodities | JHCP vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.33 | -0.25 | -0.25 | 52 | Commodities | JHCP vs DCMT |
See all 2154 diversifiers for JHCP
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