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
418 ETFs have low correlation with JEPQ (below 0.3), 89 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.08 | 0.02 | 71 | Oil & Gas | JEPQ vs DBE | |
| United States Oil Fund LP | -0.28 | -0.08 | — | 66 | Oil & Gas | JEPQ vs USO | |
| United States Brent Oil Fund LP | -0.27 | -0.08 | — | 65 | Oil & Gas | JEPQ vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | — | — | 56 | Derivative Income | JEPQ vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.25 | -0.05 | — | 55 | Oil & Gas | JEPQ vs OILK |
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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 Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.24, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.24 | -0.14 | -0.00 | 53 | Utilities | |
| Altria Group, Inc. | -0.24 | -0.09 | — | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.20 | -0.05 | 0.09 | 85 | Energy | |
| Chevron Corporation | -0.18 | -0.02 | 0.12 | 83 | Energy | |
| Chubb Limited | -0.18 | -0.02 | 0.09 | 51 | Financial Services |
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