Looking to diversify beyond JHSC? The ETFs below have the lowest correlation with JHSC — 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 JHSC.
Best Diversifiers for JHSC
311 ETFs have low correlation with JHSC (below 0.3), 53 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.35 | -0.37 | 57 | Cryptocurrency | JHSC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.38 | -0.38 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JHSC vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | -0.37 | -0.37 | 68 | Inverse Equities, Leveraged Equities | JHSC vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | -0.38 | -0.38 | 60 | Inverse Equities | JHSC vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 70 | Derivative Income | JHSC vs WNTR |
See all 2037 diversifiers for JHSC
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