Looking to diversify beyond JHEM? The ETFs below have the lowest correlation with JHEM — 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 JHEM.
Best Diversifiers for JHEM
287 ETFs have low correlation with JHEM (below 0.3), 31 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.38, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | -0.38 | -0.38 | 51 | Derivative Income | JHEM vs WNTR | |
| ProShares UltraShort Yen | -0.28 | -0.20 | -0.17 | 73 | Leveraged Currency | JHEM vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | JHEM vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | — | — | 97 | Inflation-Protected Bonds | JHEM vs RBIL | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | JHEM vs ACLO |
See all 1727 diversifiers for JHEM
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