Looking to diversify beyond JIII? The ETFs below have the lowest correlation with JIII — 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 JIII.
Best Diversifiers for JIII
341 ETFs have low correlation with JIII (below 0.3), 74 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.48 | -0.41 | -0.41 | 51 | Currency | JIII vs UUP | |
| ProShares UltraShort Yen | -0.42 | -0.34 | -0.34 | 72 | Leveraged Currency | JIII vs YCS | |
| Invesco DB Energy Fund | -0.33 | — | — | 53 | Oil & Gas | JIII vs DBE | |
| United States Gasoline Fund LP | -0.32 | — | — | 78 | Oil & Gas | JIII vs UGA | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | -0.19 | -0.19 | 68 | Inverse Equities, Leveraged Equities | JIII vs MSTZ |
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