Looking to diversify beyond SJB? The ETFs below have the lowest correlation with SJB — 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 SJB.
Best Diversifiers for SJB
1451 ETFs have low correlation with SJB (below 0.3), 1415 of which are negatively correlated. The least correlated is State Street SPDR Bloomberg High Yield Bond ETF (JNK) (High Yield Bonds) with a 1Y correlation of -0.94, roughly unchanged from -0.97 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Bloomberg High Yield Bond ETF | -0.94 | -0.96 | -0.97 | 57 | High Yield Bonds | SJB vs JNK | |
| iShares iBoxx $ High Yield Corporate Bond ETF | -0.94 | -0.96 | -0.97 | 52 | High Yield Bonds | SJB vs HYG | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | -0.93 | -0.95 | -0.96 | 59 | High Yield Bonds | SJB vs BBHY | |
| Xtrackers USD High Yield Corporate Bond ETF | -0.93 | -0.96 | -0.97 | 56 | High Yield Bonds | SJB vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | -0.93 | -0.95 | -0.96 | 57 | High Yield Bonds | SJB vs USHY |
See all 1453 diversifiers for SJB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SJB
Add SJB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SJB