Looking to diversify beyond JSI? The ETFs below have the lowest correlation with JSI — 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 JSI.
Best Diversifiers for JSI
1529 ETFs have low correlation with JSI (below 0.3), 71 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.42 | -0.42 | 75 | Leveraged Currency | JSI vs YCS | |
| United States Gasoline Fund LP | -0.29 | — | — | 72 | Oil & Gas | JSI vs UGA | |
| Fidelity Managed Futures ETF | -0.25 | — | — | 66 | Systematic Trend | JSI vs FFUT | |
| Bastion Energy ETF | -0.24 | — | — | 86 | Energy Equities | JSI vs BESF | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.23 | -0.17 | -0.17 | 51 | Commodities | JSI vs PDBC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JSI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JSI and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Northrop Grumman Corporation | 0.12 | — | — | 50 | Industrials | |
| Apple Inc | 0.13 | — | — | 90 | Technology | |
| PIMCO Dynamic Income Opportunities Fund | 0.22 | 0.23 | 0.23 | 70 | Financial Services | |
| Block, Inc | 0.24 | — | — | 53 | Technology |
Build a portfolio that complements JSI
Add JSI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JSI