Looking to diversify beyond JETS? The ETFs below have the lowest correlation with JETS — 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 JETS.
Best Diversifiers for JETS
391 ETFs have low correlation with JETS (below 0.3), 84 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.49, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.49 | -0.23 | -0.04 | 53 | Oil & Gas | JETS vs DBE | |
| United States Gasoline Fund LP | -0.42 | -0.20 | -0.04 | 78 | Oil & Gas | JETS vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.42 | -0.17 | -0.00 | 51 | Commodities | JETS vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.41 | -0.18 | -0.18 | 51 | Commodities | JETS vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.39 | -0.14 | 0.01 | 54 | Commodities | JETS vs DBC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JETS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JETS and solid risk/return profiles. The least correlated is Lockheed Martin Corporation (LMT) (Industrials) with a 1Y correlation of 0.08, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lockheed Martin Corporation | 0.08 | 0.06 | 0.11 | 59 | Industrials | |
| Realty Income Corporation | 0.11 | 0.19 | 0.25 | 74 | Real Estate | |
| Equinix, Inc. | 0.22 | 0.27 | 0.30 | 88 | Real Estate | |
| Restaurant Brands International Inc. | 0.25 | 0.27 | 0.36 | 66 | Consumer Cyclical | |
| Frontier Group Holdings, Inc. | 0.73 | 0.72 | 0.74 | 69 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JETS
Add JETS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JETS