Looking to balance out your exposure to JEF? The ETFs below have historically moved differently from JEF, 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 JEF
2 ETFs have low correlation with JEF (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI South Korea ETF (EWY) (South Korea Equities) with a 1Y correlation of 0.28, down from 0.40 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI South Korea ETF | 0.28 | 0.35 | 0.40 | 87 | South Korea Equities, Asia Pacific Equities | JEF vs EWY | |
| Schwab U.S. Dividend Equity ETF | 0.29 | 0.46 | 0.57 | 95 | Dividend | JEF vs SCHD | |
| iShares MSCI Emerging Markets ETF | 0.41 | 0.44 | 0.48 | 60 | Emerging Markets Equities | JEF vs EEM | |
| State Street SPDR S&P 500 ETF | 0.57 | 0.59 | 0.63 | 72 | S&P 500 | JEF vs SPY | |
| Vanguard S&P 500 ETF | 0.58 | 0.59 | 0.63 | 72 | S&P 500 | JEF vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JEF, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.20, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.20 | -0.02 | 0.12 | 64 | Consumer Defensive | |
| The Coca-Cola Company | -0.19 | -0.04 | 0.11 | 86 | Consumer Defensive | |
| Johnson & Johnson | -0.15 | -0.00 | 0.07 | 95 | Healthcare | |
| Occidental Petroleum Corporation | -0.13 | 0.10 | 0.23 | 68 | Energy | |
| Enterprise Products Partners L.P. | -0.09 | 0.18 | 0.27 | 88 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JEF
Add JEF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JEF