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
383 ETFs have low correlation with JEPI (below 0.3), 21 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.07 | -0.04 | 63 | Leveraged Currency | JEPI vs YCS | |
| United States Gasoline Fund LP | -0.21 | -0.05 | 0.05 | 55 | Oil & Gas | JEPI vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | JEPI vs USFR | |
| Direxion Daily NFLX Bear 1X Shares | -0.14 | — | — | 55 | Inverse Equities | JEPI vs NFXS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | — | — | 97 | Inflation-Protected Bonds | JEPI vs RBIL |
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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 Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.06, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.06 | 0.09 | 0.14 | 66 | Energy | |
| Valero Energy Corporation | -0.02 | 0.21 | 0.23 | 91 | Energy | |
| Eagle Point Credit Company Inc. | -0.02 | 0.05 | 0.11 | 80 | Financial Services | |
| HF Sinclair Corp | -0.01 | 0.20 | 0.25 | 85 | Energy | |
| BP p.l.c. | 0.02 | 0.17 | 0.25 | 77 | Energy |
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Build a portfolio that complements JEPI
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