Looking to balance out your exposure to JCI? The ETFs below have historically moved differently from JCI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JCI
5 ETFs have low correlation with JCI (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.15, down from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.06 | -0.02 | 100 | Government Bonds, Ultrashort Bond | JCI vs USFR | |
| Kurv Yield Premium Strategy Apple (AAPL) ETF | 0.15 | — | — | 55 | Derivative Income | JCI vs AAPY | |
| Schwab U.S. Dividend Equity ETF | 0.18 | 0.37 | 0.52 | 94 | Dividend | JCI vs SCHD | |
| Kurv Yield Premium Strategy Google ETF | 0.20 | — | — | 64 | Derivative Income | JCI vs GOOP | |
| United States Copper Index Fund | 0.26 | 0.16 | 0.21 | 68 | Copper, Metals | JCI vs CPER |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JCI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Colgate-Palmolive Company (CL) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Colgate-Palmolive Company | -0.16 | -0.02 | 0.12 | 61 | Consumer Defensive | |
| Altria Group, Inc. | -0.15 | -0.01 | 0.11 | 63 | Consumer Defensive | |
| Chevron Corporation | -0.12 | 0.07 | 0.18 | 72 | Energy | |
| The Coca-Cola Company | -0.11 | 0.00 | 0.16 | 86 | Consumer Defensive | |
| ConocoPhillips Company | -0.10 | 0.07 | 0.16 | 68 | Energy |
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