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
305 ETFs have low correlation with JHML (below 0.3), 60 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 | -0.46 | — | — | 68 | Inverse Equities, Leveraged Equities | JHML vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 60 | Inverse Equities | JHML vs SMST | |
| ProShares Short Bitcoin ETF | -0.45 | -0.37 | -0.38 | 57 | Cryptocurrency | JHML vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JHML vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | JHML vs WNTR |
See all 2036 diversifiers for JHML
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