Looking to diversify beyond JNUG? The ETFs below have the lowest correlation with JNUG — 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 JNUG.
Best Diversifiers for JNUG
542 ETFs have low correlation with JNUG (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.25 | -0.31 | 61 | Leveraged Currency | JNUG vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | JNUG vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | JNUG vs IBIC | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | JNUG vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | 0.02 | 0.02 | 99 | Ultrashort Bond | JNUG vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JNUG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JNUG and solid risk/return profiles. The least correlated is Marvell Technology, Inc. (MRVL) (Technology) with a 1Y correlation of 0.18, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marvell Technology, Inc. | 0.18 | 0.20 | 0.21 | 97 | Technology | |
| First Majestic Silver Corp. | 0.88 | 0.83 | 0.85 | 79 | Basic Materials |
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