Looking to diversify beyond JIVE? The ETFs below have the lowest correlation with JIVE — 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 JIVE.
Best Diversifiers for JIVE
289 ETFs have low correlation with JIVE (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.57, roughly unchanged from -0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.57 | -0.55 | -0.55 | 51 | Currency | JIVE vs UUP | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | -0.32 | -0.32 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JIVE vs SBIT | |
| ProShares Short Bitcoin ETF | -0.39 | -0.28 | -0.28 | 57 | Cryptocurrency | JIVE vs BITI | |
| ProShares UltraShort Yen | -0.38 | — | — | 72 | Leveraged Currency | JIVE vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | — | — | 53 | Inverse Equities | JIVE vs SMST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JIVE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JIVE and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.13, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.13 | 0.30 | 0.30 | 53 | Financial Services | |
| Eli Lilly and Company | 0.17 | 0.22 | 0.22 | 80 | Healthcare | |
| Amazon.com, Inc | 0.34 | 0.33 | 0.33 | 54 | Consumer Cyclical | |
| Jackson Financial Inc. | 0.37 | — | — | 81 | Financial Services | |
| Broadcom Inc. | 0.39 | — | — | 71 | Technology |
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