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
359 ETFs have low correlation with JEPQ (below 0.3), 49 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.20, down from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.20 | -0.05 | — | 55 | Oil & Gas | JEPQ vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.20 | — | — | 98 | Ultrashort Bond | JEPQ vs BAMU | |
| Direxion Daily NFLX Bear 1X Shares | -0.19 | -0.37 | -0.37 | 55 | Inverse Equities | JEPQ vs NFXS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | JEPQ vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | JEPQ vs RBIL |
To view more results, upgrade your current subscription plan.
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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.28, down from -0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.28 | -0.11 | — | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.25 | -0.14 | -0.01 | 62 | Utilities | |
| Chubb Limited | -0.23 | -0.04 | 0.08 | 69 | Financial Services | |
| Exxon Mobil Corporation | -0.21 | -0.05 | — | 72 | Energy | |
| The Southern Company | -0.20 | -0.11 | 0.04 | 55 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JEPQ
Add JEPQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JEPQ