Looking to diversify beyond JEPI? The ETFs below have the lowest correlation with JEPI — 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 JEPI.
Best Diversifiers for JEPI
462 ETFs have low correlation with JEPI (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.07 | -0.04 | 61 | Leveraged Currency | JEPI vs YCS | |
| Invesco DB Energy Fund | -0.19 | -0.05 | 0.07 | 71 | Oil & Gas | JEPI vs DBE | |
| United States Gasoline Fund LP | -0.18 | -0.03 | 0.06 | 69 | Oil & Gas | JEPI vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.18 | -0.04 | 0.06 | 55 | Oil & Gas | JEPI vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.17 | -0.04 | 0.06 | 54 | Leveraged Commodities | JEPI vs UCO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JEPI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JEPI and solid risk/return profiles. The least correlated is Eagle Point Credit Company Inc. (ECCC) (Financial Services) with a 1Y correlation of -0.02, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eagle Point Credit Company Inc. | -0.02 | 0.04 | 0.11 | 81 | Financial Services | |
| Equinor ASA | -0.01 | 0.12 | 0.15 | 82 | Energy | |
| Valero Energy Corporation | 0.01 | 0.22 | 0.24 | 93 | Energy | |
| BP p.l.c. | 0.04 | 0.19 | 0.25 | 87 | Energy | |
| FLEX LNG Ltd | 0.04 | 0.17 | 0.23 | 81 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JEPI
Add JEPI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JEPI