Looking to diversify beyond JCPB? The ETFs below have the lowest correlation with JCPB — 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 JCPB.
Best Diversifiers for JCPB
688 ETFs have low correlation with JCPB (below 0.3), 55 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.46 | -0.49 | 63 | Leveraged Currency | JCPB vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.21 | -0.13 | 55 | Oil & Gas | JCPB vs UGA | |
| Fidelity Managed Futures ETF | -0.31 | — | — | 64 | Systematic Trend | JCPB vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.11 | -0.08 | 75 | Commodities | JCPB vs FAAR | |
| VanEck Commodity Strategy ETF | -0.26 | -0.12 | — | 57 | Commodities | JCPB vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JCPB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JCPB and solid risk/return profiles. The least correlated is The Williams Companies, Inc. (WMB) (Energy) with a 1Y correlation of -0.04, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Williams Companies, Inc. | -0.04 | 0.07 | 0.06 | 75 | Energy | |
| Kinder Morgan, Inc. | -0.03 | 0.11 | 0.08 | 72 | Energy | |
| NVIDIA Corporation | 0.04 | 0.06 | 0.10 | 72 | Technology | |
| Comfort Systems USA, Inc. | 0.12 | 0.11 | 0.11 | 98 | Industrials | |
| Robinhood Markets, Inc. | 0.22 | 0.16 | — | 58 | Financial Services |
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