Looking to diversify beyond JDVL? The ETFs below have the lowest correlation with JDVL — 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 JDVL.
Best Diversifiers for JDVL
1 ETFs have low correlation with JDVL (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Morningstar Dividend Leaders Index Fund (FDL) (Large Cap Value Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Morningstar Dividend Leaders Index Fun... | 0.26 | 0.26 | 0.26 | 78 | Large Cap Value Equities, Dividend | JDVL vs FDL | |
| Schwab Fundamental U.S. Large Company Index ETF | 0.78 | 0.78 | 0.78 | 91 | Large Cap Value Equities | JDVL vs FNDX | |
| Clough Select Equity ETF | 0.79 | 0.79 | 0.79 | 54 | Large Cap Value Equities, ESG | JDVL vs CBSE | |
| Vanguard Value ETF | 0.83 | 0.83 | 0.83 | 88 | Large Cap Value Equities | JDVL vs VTV |
Diversification Analysis
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