Looking to diversify beyond JNEU? The ETFs below have the lowest correlation with JNEU — 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 JNEU.
Best Diversifiers for JNEU
354 ETFs have low correlation with JNEU (below 0.3), 64 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.49, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | -0.47 | -0.47 | 60 | Inverse Equities | JNEU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | -0.46 | -0.46 | 68 | Inverse Equities, Leveraged Equities | JNEU vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.47 | -0.44 | -0.44 | 57 | Cryptocurrency | JNEU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JNEU vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | -0.48 | — | 70 | Derivative Income | JNEU vs WNTR |
See all 2038 diversifiers for JNEU
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JNEU
Add JNEU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JNEU