Looking to diversify beyond JHEM? The ETFs below have historically moved differently from JHEM, 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 JHEM
387 ETFs have low correlation with JHEM (below 0.3), 54 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 63 | Derivative Income | JHEM vs WNTR | |
| Invesco DB Energy Fund | -0.23 | -0.02 | 0.10 | 53 | Oil & Gas | JHEM vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | JHEM vs IBIC | |
| ProShares UltraShort Yen | -0.21 | -0.19 | -0.17 | 59 | Leveraged Currency | JHEM vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | JHEM vs RBIL |
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