Looking to diversify beyond JMSI? The ETFs below have the lowest correlation with JMSI — 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 JMSI.
Best Diversifiers for JMSI
1742 ETFs have low correlation with JMSI (below 0.3), 102 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.34, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | -0.32 | -0.32 | 61 | Leveraged Currency | JMSI vs YCS | |
| United States Gasoline Fund LP | -0.26 | — | — | 69 | Oil & Gas | JMSI vs UGA | |
| Invesco DB Energy Fund | -0.26 | -0.15 | -0.15 | 71 | Oil & Gas | JMSI vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | — | — | 55 | Oil & Gas | JMSI vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.24 | -0.14 | -0.14 | 54 | Leveraged Commodities | JMSI vs UCO |
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