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
422 ETFs have low correlation with JEDI (below 0.3), 30 of which are negatively correlated. The least correlated is Breakwave Tanker Shipping ETF (BWET) (Commodities) with a 1Y correlation of -0.13, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.13 | -0.13 | -0.13 | 98 | Commodities | JEDI vs BWET | |
| Roundhill Weekly T-Bill ETF | -0.12 | -0.12 | -0.12 | 99 | Ultrashort Bond | JEDI vs WEEK | |
| ProShares UltraShort Yen | -0.11 | -0.11 | -0.11 | 63 | Leveraged Currency | JEDI vs YCS | |
| SGI Enhanced Core ETF | -0.10 | -0.10 | -0.10 | 95 | Intermediate Core Bond | JEDI vs USDX | |
| Vanguard Ultra-Short Treasury ETF | -0.10 | -0.10 | -0.10 | 99 | Ultrashort Bond, Government Bonds | JEDI vs VGUS |
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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 0.06, roughly unchanged from 0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Clear Secure, Inc. | 0.06 | 0.06 | — | 88 | Technology | |
| Rocket Lab USA, Inc. | 0.79 | 0.79 | — | 87 | Industrials |
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