Looking to balance out your exposure to JRS? The ETFs below have the lowest correlation with JRS — they tend to move on their own, which can help reduce risk when JRS drops. The stock ideas table highlights individual companies that behave independently from JRS.
Best Diversifiers for JRS
0 ETFs have low correlation with JRS (below 0.3), 0 of which are negatively correlated. The least correlated is Pacer Global Cash Cows Dividend ETF (GCOW) (Large Cap Value Equities) with a 1Y correlation of 0.33, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Global Cash Cows Dividend ETF | 0.33 | 0.47 | 0.50 | 79 | Large Cap Value Equities, Dividend | JRS vs GCOW | |
| State Street SPDR S&P 500 ETF | 0.37 | 0.46 | 0.56 | 70 | S&P 500 | JRS vs SPY | |
| SPDR Barclays High Yield Bond ETF | 0.48 | 0.54 | 0.58 | 60 | High Yield Bonds | JRS vs JNK |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JRS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JRS and solid risk/return profiles. The least correlated is International Seaways, Inc. (INSW) (Energy) with a 1Y correlation of 0.03, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| International Seaways, Inc. | 0.03 | 0.06 | 0.10 | 95 | Energy | |
| BlackRock Science and Technology Trust II | 0.13 | 0.32 | 0.43 | 95 | Financial Services | |
| BlackRock Science and Technology Trust | 0.25 | 0.31 | 0.43 | 88 | Financial Services | |
| DNP Select Income Fund Inc. | 0.35 | 0.41 | 0.42 | 83 | Financial Services | |
| Apollo Commercial Real Estate Finance, Inc. | 0.37 | 0.48 | 0.52 | 73 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JRS
Add JRS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JRS