Looking to diversify beyond SJCP? The ETFs below have the lowest correlation with SJCP — 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 SJCP.
Best Diversifiers for SJCP
833 ETFs have low correlation with SJCP (below 0.3), 37 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.14 | -0.14 | 53 | Oil & Gas | SJCP vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.20 | -0.10 | -0.10 | 51 | Commodities | SJCP vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.18 | -0.09 | -0.09 | 51 | Commodities | SJCP vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.16 | -0.07 | -0.07 | 54 | Commodities | SJCP vs DBC | |
| ProShares Short Bitcoin ETF | -0.15 | -0.12 | -0.12 | 57 | Cryptocurrency | SJCP vs BITI |
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