Looking to diversify beyond JEPQ? The ETFs below have historically moved differently from JEPQ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JEPQ
520 ETFs have low correlation with JEPQ (below 0.3), 95 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.35 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | — | 51 | Cryptocurrency | JEPQ vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 69 | Derivative Income | JEPQ vs WNTR | |
| YieldMax XOM Option Income Strategy ETF | -0.23 | — | — | 52 | Derivative Income, Dividend | JEPQ vs XOMO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | JEPQ vs IBIC | |
| Invesco DB Energy Fund | -0.19 | -0.06 | — | 66 | Oil & Gas | JEPQ vs DBE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JEPQ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.33, down from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.33 | -0.18 | -0.02 | 52 | Utilities | |
| Altria Group, Inc. | -0.32 | -0.14 | — | 66 | Consumer Defensive | |
| Chubb Limited | -0.30 | -0.06 | 0.06 | 87 | Financial Services | |
| W. R. Berkley Corporation | -0.29 | -0.06 | 0.06 | 53 | Financial Services | |
| The Coca-Cola Company | -0.28 | -0.09 | — | 87 | Consumer Defensive |
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