Looking to diversify beyond JMMF? The ETFs below have the lowest correlation with JMMF — 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 JMMF.
Best Diversifiers for JMMF
1868 ETFs have low correlation with JMMF (below 0.3), 788 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.23 | -0.23 | -0.23 | 55 | Inverse Equities | JMMF vs NFXS | |
| Frontier Asset Absolute Return ETF | -0.20 | -0.20 | -0.20 | 84 | Multistrategy, Global Allocation | JMMF vs FARX | |
| FlexShares Morningstar Global Upstream Natural Res... | -0.18 | -0.18 | -0.18 | 54 | Natural Resources | JMMF vs GUNR | |
| First Trust Materials AlphaDEX Fund | -0.17 | -0.17 | -0.17 | 66 | Materials | JMMF vs FXZ | |
| First Trust Bloomberg Inflation Sensitive Equity E... | -0.16 | -0.16 | -0.16 | 72 | Large Cap Blend Equities | JMMF vs FTIF |
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