Looking to diversify beyond PMJN? The ETFs below have the lowest correlation with PMJN — 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 PMJN.
Best Diversifiers for PMJN
149 ETFs have low correlation with PMJN (below 0.3), 10 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.11, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | -0.13 | -0.13 | 98 | Inflation-Protected Bonds | PMJN vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | -0.11 | -0.11 | 99 | Ultrashort Bond | PMJN vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.09 | -0.11 | -0.11 | 95 | Inflation-Protected Bonds | PMJN vs IBID | |
| First Trust Alternative Absolute Return Strategy E... | -0.06 | -0.08 | -0.08 | 70 | Commodities | PMJN vs FAAR | |
| Brookstone Ultra-Short Bond ETF | -0.06 | -0.05 | -0.05 | 98 | Ultrashort Bond | PMJN vs BAMU |
See all 1246 diversifiers for PMJN
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PMJN
Add PMJN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PMJN