Looking to balance out your exposure to JHI? The ETFs below have the lowest correlation with JHI — they tend to move on their own, which can help reduce risk when JHI drops. The stock ideas table highlights individual companies that behave independently from JHI.
No Diversifiers Found for JHI
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JHI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JHI and solid risk/return profiles. The least correlated is PIMCO Dynamic Income Opportunities Fund (PDO) (Financial Services) with a 1Y correlation of 0.34, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| PIMCO Dynamic Income Opportunities Fund | 0.34 | 0.41 | 0.45 | 69 | Financial Services |
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