Looking to balance out your exposure to JCI? The ETFs below have the lowest correlation with JCI — they tend to move on their own, which can help reduce risk when JCI drops. The stock ideas table highlights individual companies that behave independently from JCI.
Best Diversifiers for JCI
1 ETFs have low correlation with JCI (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.23, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.23 | 0.41 | 0.55 | 80 | Dividend | JCI vs SCHD | |
| Invesco NASDAQ 100 ETF | 0.42 | 0.49 | 0.55 | 74 | Nasdaq-100 | JCI vs QQQM | |
| Invesco QQQ ETF | 0.42 | 0.49 | 0.55 | 73 | Nasdaq-100 | JCI vs QQQ | |
| Amplify CWP Enhanced Dividend Income ETF | 0.43 | 0.50 | 0.60 | 61 | Derivative Income | JCI vs DIVO | |
| Roundhill Generative AI & Technology ETF | 0.43 | 0.48 | 0.48 | 94 | Technology Equities | JCI vs CHAT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JCI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JCI and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.11, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.11 | 0.11 | 0.20 | 83 | Energy | |
| Exxon Mobil Corporation | -0.09 | 0.09 | 0.18 | 85 | Energy | |
| Altria Group, Inc. | -0.07 | 0.04 | 0.15 | 69 | Consumer Defensive | |
| PepsiCo, Inc. | -0.03 | 0.03 | 0.18 | 56 | Consumer Defensive | |
| The Coca-Cola Company | -0.01 | 0.04 | 0.20 | 66 | Consumer Defensive |
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