Looking to diversify beyond JHMU? The ETFs below have historically moved differently from JHMU, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JHMU
1483 ETFs have low correlation with JHMU (below 0.3), 98 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | — | — | 53 | Oil & Gas | JHMU vs DBE | |
| ProShares UltraShort Yen | -0.30 | — | — | 59 | Leveraged Currency | JHMU vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.29 | — | — | 58 | Commodities | JHMU vs PDBC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | -0.17 | -0.17 | 50 | Commodities | JHMU vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.28 | — | — | 52 | Commodities | JHMU vs DCMT |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JHMU
Add JHMU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JHMU