Looking to diversify beyond JEDI? The ETFs below have the lowest correlation with JEDI — 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 JEDI.
Best Diversifiers for JEDI
509 ETFs have low correlation with JEDI (below 0.3), 34 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.09, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.09 | -0.09 | -0.09 | 71 | Oil & Gas | JEDI vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.08 | -0.08 | -0.08 | 56 | Derivative Income | JEDI vs USOY | |
| United States Oil Fund LP | -0.08 | -0.08 | -0.08 | 66 | Oil & Gas | JEDI vs USO | |
| Vanguard Ultra-Short Treasury ETF | -0.08 | -0.08 | -0.08 | 100 | Ultrashort Bond | JEDI vs VGUS | |
| Breakwave Dry Bulk Shipping ETF | -0.08 | -0.08 | -0.08 | 85 | Commodities | JEDI vs BDRY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JEDI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JEDI and solid risk/return profiles. The least correlated is Clear Secure, Inc. (YOU) (Technology) with a 1Y correlation of 0.07, roughly unchanged from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Clear Secure, Inc. | 0.07 | 0.07 | — | 90 | Technology |
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