Looking to diversify beyond JETS? The ETFs below have historically moved differently from JETS, 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 JETS
416 ETFs have low correlation with JETS (below 0.3), 103 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.55, down from -0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.55 | -0.26 | -0.07 | 72 | Oil & Gas | JETS vs DBE | |
| United States Oil Fund LP | -0.54 | -0.25 | -0.07 | 55 | Oil & Gas | JETS vs USO | |
| United States Brent Oil Fund LP | -0.52 | -0.25 | -0.07 | 52 | Oil & Gas | JETS vs BNO | |
| Invesco DB Oil Fund | -0.50 | -0.24 | -0.06 | 58 | Oil & Gas | JETS vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.47 | -0.19 | -0.02 | 67 | Commodities | JETS vs GSG |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JETS, 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 Lockheed Martin Corporation (LMT) (Industrials) with a 1Y correlation of 0.08, roughly unchanged from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lockheed Martin Corporation | 0.08 | 0.06 | 0.10 | 80 | Industrials | |
| Realty Income Corporation | 0.11 | 0.19 | 0.25 | 77 | Real Estate | |
| Equinix, Inc. | 0.22 | 0.28 | 0.31 | 82 | Real Estate | |
| Restaurant Brands International Inc. | 0.25 | 0.28 | 0.36 | 62 | Consumer Cyclical | |
| Visa Inc. | 0.30 | 0.33 | 0.41 | 53 | Financial Services |
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