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
296 ETFs have low correlation with JLQD (below 0.3), 62 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.44 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.44 | — | 75 | Leveraged Currency | JLQD vs YCS | |
| United States Gasoline Fund LP | -0.39 | -0.19 | — | 72 | Oil & Gas | JLQD vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.32 | -0.13 | — | 51 | Commodities | JLQD vs PDBC | |
| Fidelity Managed Futures ETF | -0.26 | -0.26 | — | 66 | Systematic Trend | JLQD vs FFUT | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.26 | -0.08 | -0.02 | 65 | Commodities | JLQD vs SDCI |
See all 2048 diversifiers for JLQD
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