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
16 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 0.03, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Ultra-Short Municipal Fund | 0.03 | 0.02 | -0.01 | 99 | Municipal Bonds | JEPIX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.05 | 0.06 | 0.07 | 99 | Municipal Bonds | JEPIX vs USMSX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.12 | -0.08 | -0.10 | 99 | Total Bond Market | JEPIX vs JSOSX | |
| JPMorgan Tax Aware Real Return Fund | 0.15 | 0.16 | 0.18 | 76 | Municipal Bonds | JEPIX vs TXRIX | |
| JPMorgan California Tax Free Bond Fund Class C | 0.20 | 0.16 | 0.14 | 55 | Municipal Bonds | JEPIX vs JCBCX |
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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 0.01, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP p.l.c. | 0.01 | 0.15 | 0.23 | 76 | Energy | |
| Energy Transfer LP | 0.05 | 0.25 | 0.31 | 67 | Energy | |
| Altria Group, Inc. | 0.05 | 0.21 | 0.31 | 70 | Consumer Defensive | |
| NVIDIA Corporation | 0.07 | 0.23 | 0.34 | 76 | Technology | |
| Verizon Communications Inc. | 0.19 | 0.25 | 0.33 | 63 | Communication Services |
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Build a portfolio that complements JEPIX
Add JEPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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