Looking to diversify beyond JHML? The ETFs below have the lowest correlation with JHML — 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 JHML.
Best Diversifiers for JHML
271 ETFs have low correlation with JHML (below 0.3), 34 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.25 | -0.04 | 0.09 | 55 | Oil & Gas | JHML vs UGA | |
| ProShares UltraShort Yen | -0.22 | -0.05 | -0.03 | 63 | Leveraged Currency | JHML vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.18 | -0.18 | 97 | Inflation-Protected Bonds | JHML vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | -0.03 | -0.03 | 98 | Inflation-Protected Bonds | JHML vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | JHML vs USFR |
See all 1938 diversifiers for JHML
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