Looking to diversify beyond JFLI? The ETFs below have the lowest correlation with JFLI — 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 JFLI.
Best Diversifiers for JFLI
281 ETFs have low correlation with JFLI (below 0.3), 62 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.48 | -0.48 | 57 | Cryptocurrency | JFLI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.48 | -0.48 | -0.48 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JFLI vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 68 | Inverse Equities, Leveraged Equities | JFLI vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | -0.46 | -0.46 | 60 | Inverse Equities | JFLI vs SMST | |
| Invesco DB US Dollar Index Bullish Fund | -0.44 | — | — | 51 | Currency | JFLI vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JFLI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JFLI and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | -0.20 | — | — | 64 | Basic Materials | |
| ConocoPhillips Company | -0.14 | — | — | 66 | Energy | |
| PepsiCo, Inc. | -0.05 | — | — | 53 | Consumer Defensive | |
| The Hershey Company | -0.00 | — | — | 54 | Consumer Defensive | |
| Nutrien Ltd. | 0.00 | — | — | 58 | Basic Materials |
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Build a portfolio that complements JFLI
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