Looking to diversify beyond JMST? The ETFs below have the lowest correlation with JMST — 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 JMST.
Best Diversifiers for JMST
1946 ETFs have low correlation with JMST (below 0.3), 74 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.21 | — | — | 66 | Systematic Trend | JMST vs FFUT | |
| Bastion Energy ETF | -0.20 | — | — | 86 | Energy Equities | JMST vs BESF | |
| ProShares UltraShort Yen | -0.16 | -0.18 | -0.15 | 75 | Leveraged Currency | JMST vs YCS | |
| United States Gasoline Fund LP | -0.13 | -0.08 | -0.04 | 72 | Oil & Gas | JMST vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | — | — | 97 | Inflation-Protected Bonds | JMST vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JMST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JMST and solid risk/return profiles. The least correlated is Meta Financial Group, Inc. (CASH) (Financial Services) with a 1Y correlation of 0.08, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Meta Financial Group, Inc. | 0.08 | 0.04 | 0.06 | 52 | Financial Services | |
| Apple Inc | 0.09 | 0.06 | 0.07 | 90 | Technology |
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