Looking to diversify beyond JPIN? The ETFs below have the lowest correlation with JPIN — 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 JPIN.
Best Diversifiers for JPIN
225 ETFs have low correlation with JPIN (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, down from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.37 | -0.32 | 75 | Leveraged Currency | JPIN vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | -0.31 | -0.31 | 53 | Inverse Equities | JPIN vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 60 | Inverse Equities, Leveraged Equities | JPIN vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 65 | Derivative Income | JPIN vs WNTR | |
| United States Gasoline Fund LP | -0.26 | -0.06 | 0.08 | 72 | Oil & Gas | JPIN vs UGA |
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