Looking to diversify beyond JVAL? The ETFs below have the lowest correlation with JVAL — 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 JVAL.
Best Diversifiers for JVAL
318 ETFs have low correlation with JVAL (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.35 | -0.38 | 53 | Cryptocurrency | JVAL vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 56 | Inverse Equities | JVAL vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 65 | Inverse Equities, Leveraged Equities | JVAL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | JVAL vs WNTR | |
| Invesco DB Energy Fund | -0.22 | -0.03 | 0.13 | 57 | Oil & Gas | JVAL vs DBE |
See all 2063 diversifiers for JVAL
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