Looking to diversify beyond JEMA? The ETFs below have the lowest correlation with JEMA — 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 JEMA.
Best Diversifiers for JEMA
379 ETFs have low correlation with JEMA (below 0.3), 72 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.34 | 0.00 | 0.10 | 66 | Oil & Gas | JEMA vs USO | |
| ProShares UltraShort Yen | -0.32 | -0.19 | -0.16 | 63 | Leveraged Currency | JEMA vs YCS | |
| Invesco DB Energy Fund | -0.31 | 0.00 | 0.12 | 71 | Oil & Gas | JEMA vs DBE | |
| United States Brent Oil Fund LP | -0.31 | 0.01 | 0.10 | 65 | Oil & Gas | JEMA vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | — | — | 56 | Derivative Income | JEMA vs USOY |
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