Looking to diversify beyond JFLX? The ETFs below have historically moved differently from JFLX, 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 JFLX
216 ETFs have low correlation with JFLX (below 0.3), 56 of which are negatively correlated. The least correlated is MicroSectors Energy 3X Leveraged ETN (WTIU) (Leveraged Equities) with a 1Y correlation of -0.31, roughly unchanged from -0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MicroSectors Energy 3X Leveraged ETN | -0.31 | -0.31 | -0.31 | 55 | Leveraged Equities | JFLX vs WTIU | |
| Strive U.S. Energy ETF | -0.28 | -0.28 | -0.28 | 70 | Energy Equities | JFLX vs DRLL | |
| First Trust Nasdaq Oil & Gas ETF | -0.28 | -0.28 | -0.28 | 61 | Energy Equities | JFLX vs FTXN | |
| SPDR S&P Oil & Gas Exploration & Production ETF | -0.28 | -0.28 | -0.28 | 58 | Energy Equities | JFLX vs XOP | |
| MicroSectors Oil & Gas Exploration & Production 3X... | -0.27 | -0.27 | -0.27 | 56 | Leveraged Equities, Energy Equities, Oil & Gas | JFLX vs OILU |
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