Looking to diversify beyond JPIN? The ETFs below have historically moved differently from JPIN, 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 JPIN
262 ETFs have low correlation with JPIN (below 0.3), 70 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.37 | -0.32 | 56 | Leveraged Currency | JPIN vs YCS | |
| ProShares Short Bitcoin ETF | -0.39 | -0.28 | — | 61 | Cryptocurrency | JPIN vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | JPIN vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | -0.32 | -0.32 | 52 | Inverse Equities | JPIN vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 61 | Inverse Equities, Leveraged Equities | JPIN vs MSTZ |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JPIN
Add JPIN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JPIN