Looking to diversify beyond JHMD? The ETFs below have the lowest correlation with JHMD — 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 JHMD.
Best Diversifiers for JHMD
250 ETFs have low correlation with JHMD (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, down from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.31 | -0.25 | 73 | Leveraged Currency | JHMD vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | -0.31 | -0.31 | 51 | Derivative Income | JHMD vs WNTR | |
| United States Gasoline Fund LP | -0.28 | -0.09 | 0.07 | 60 | Oil & Gas | JHMD vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | JHMD vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | JHMD vs IBIC |
See all 1934 diversifiers for JHMD
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