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
372 ETFs have low correlation with JHEM (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 61 | Inverse Equities, Leveraged Equities | JHEM vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 53 | Inverse Equities | JHEM vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 69 | Derivative Income | JHEM vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.33 | -0.10 | — | 53 | Options Trading | JHEM vs CAOS | |
| ProShares UltraShort Yen | -0.24 | -0.19 | -0.17 | 67 | Leveraged Currency | JHEM vs YCS |
See all 1921 diversifiers for JHEM
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JHEM
Add JHEM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JHEM