Looking to diversify beyond JHPI? The ETFs below have the lowest correlation with JHPI — 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 JHPI.
Best Diversifiers for JHPI
268 ETFs have low correlation with JHPI (below 0.3), 55 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.24, down from -0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.24 | -0.02 | — | 71 | Oil & Gas | JHPI vs DBE | |
| United States Gasoline Fund LP | -0.23 | -0.02 | — | 69 | Oil & Gas | JHPI vs UGA | |
| United States Brent Oil Fund LP | -0.22 | -0.00 | — | 65 | Oil & Gas | JHPI vs BNO | |
| Invesco DB Oil Fund | -0.22 | 0.01 | — | 65 | Oil & Gas | JHPI vs DBO | |
| United States Oil Fund LP | -0.21 | -0.01 | — | 66 | Oil & Gas | JHPI vs USO |
See all 2104 diversifiers for JHPI
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JHPI
Add JHPI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JHPI