Looking to diversify beyond JEPQ? The ETFs below have the lowest correlation with JEPQ — 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 JEPQ.
Best Diversifiers for JEPQ
445 ETFs have low correlation with JEPQ (below 0.3), 74 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.35 | -0.37 | 53 | Cryptocurrency | JEPQ vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 65 | Inverse Equities, Leveraged Equities | JEPQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.45 | -0.45 | 56 | Inverse Equities | JEPQ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | JEPQ vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.24 | — | — | 54 | Multistrategy | JEPQ vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JEPQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JEPQ and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.32, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.32 | -0.08 | 0.08 | 83 | Financial Services | |
| Duke Energy Corporation | -0.32 | -0.17 | -0.01 | 65 | Utilities | |
| Altria Group, Inc. | -0.30 | -0.12 | — | 78 | Consumer Defensive | |
| W. R. Berkley Corporation | -0.27 | -0.05 | 0.07 | 54 | Financial Services | |
| The Southern Company | -0.27 | -0.14 | 0.04 | 58 | Utilities |
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Build a portfolio that complements JEPQ
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