Looking to diversify beyond JPHY? The ETFs below have historically moved differently from JPHY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JPHY
258 ETFs have low correlation with JPHY (below 0.3), 93 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.42 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.42 | -0.42 | 61 | Cryptocurrency | JPHY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | JPHY vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.41 | -0.41 | 61 | Inverse Equities, Leveraged Equities | JPHY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.41 | -0.41 | 52 | Inverse Equities | JPHY vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 75 | Derivative Income | JPHY vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JPHY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Capital Allocation Term Trust | 0.50 | — | — | 95 | Financial Services |
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