Looking to diversify beyond JLQD? The ETFs below have the lowest correlation with JLQD — 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 JLQD.
Best Diversifiers for JLQD
254 ETFs have low correlation with JLQD (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.44 | -0.48 | 61 | Leveraged Currency | JLQD vs YCS | |
| VanEck Commodity Strategy ETF | -0.26 | -0.09 | — | 55 | Commodities | JLQD vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.09 | -0.09 | 70 | Commodities | JLQD vs FAAR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | -0.18 | -0.18 | 97 | Inflation-Protected Bonds | JLQD vs RBIL | |
| Fidelity Managed Futures ETF | -0.23 | -0.23 | -0.23 | 64 | Systematic Trend | JLQD vs FFUT |
See all 2065 diversifiers for JLQD
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