Looking to balance out your exposure to JMHLY? The ETFs below have the lowest correlation with JMHLY — they tend to move on their own, which can help reduce risk when JMHLY drops. The stock ideas table highlights individual companies that behave independently from JMHLY.
Best Diversifiers for JMHLY
2 ETFs have low correlation with JMHLY (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI World ETF (URTH) (Global Equities) with a 1Y correlation of 0.05, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World ETF | 0.05 | 0.15 | 0.16 | 63 | Global Equities | JMHLY vs URTH | |
| Vanguard Dividend Appreciation ETF | 0.11 | 0.13 | 0.14 | 56 | Dividend | JMHLY vs VIG |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JMHLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JMHLY and solid risk/return profiles. The least correlated is Loews Corporation (L) (Financial Services) with a 1Y correlation of 0.06, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Loews Corporation | 0.06 | 0.06 | 0.09 | 71 | Financial Services |
Build a portfolio that complements JMHLY
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