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Looking to diversify beyond JHMM? The ETFs below have the lowest correlation with JHMM — 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 JHMM.

Best Diversifiers for JHMM

263 ETFs have low correlation with JHMM (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, down from -0.04 over 5 years.


See all 2071 diversifiers for JHMM

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from JHMM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JHMM and solid risk/return profiles. The least correlated is Telefônica Brasil S.A. (VIV) (Communication Services) with a 1Y correlation of 0.29, roughly unchanged from 0.27 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Telefônica Brasil S.A.0.290.250.27
67
Communication Services
Apple Inc0.340.370.52
88
Technology
Intel Corporation0.370.450.52
99
Technology

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Diversification Analysis

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