Looking to diversify beyond JEPIX? The mutual funds below have the lowest correlation with JEPIX — 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 JEPIX.
Best Diversifiers for JEPIX
20 mutual funds have low correlation with JEPIX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Ultra-Short Municipal Fund (USMTX) (Municipal Bonds) with a 1Y correlation of 0.06, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Ultra-Short Municipal Fund | 0.06 | 0.03 | -0.00 | 99 | Municipal Bonds | JEPIX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.08 | 0.07 | 0.07 | 99 | Municipal Bonds | JEPIX vs USMSX | |
| Federated Hermes MDT All Cap Core Fund | 0.10 | 0.43 | 0.59 | 51 | Large Cap Blend Equities | JEPIX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.10 | 0.43 | 0.60 | 51 | Large Cap Blend Equities | JEPIX vs QKACX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.15 | -0.07 | -0.10 | 99 | Total Bond Market | JEPIX vs JSOSX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JEPIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JEPIX and solid risk/return profiles. The least correlated is BP p.l.c. (BP) (Energy) with a 1Y correlation of 0.03, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP p.l.c. | 0.03 | 0.14 | 0.23 | 74 | Energy | |
| Energy Transfer LP | 0.06 | 0.26 | 0.33 | 80 | Energy | |
| NVIDIA Corporation | 0.07 | 0.23 | 0.34 | 69 | Technology | |
| Altria Group, Inc. | 0.07 | 0.21 | 0.30 | 79 | Consumer Defensive | |
| Verizon Communications Inc. | 0.12 | 0.23 | 0.32 | 54 | Communication Services |
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Build a portfolio that complements JEPIX
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