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Looking to diversify beyond JIRE? The ETFs below have the lowest correlation with JIRE — 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 JIRE.

Best Diversifiers for JIRE

231 ETFs have low correlation with JIRE (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.29 over 3 years.


See all 2073 diversifiers for JIRE

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from JIRE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JIRE and solid risk/return profiles. The least correlated is Diamondback Energy, Inc. (FANG) (Energy) with a 1Y correlation of -0.14, down from 0.19 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Diamondback Energy, Inc.-0.140.090.19
71
Energy
CrowdStrike Holdings, Inc.0.200.30
66
Technology
Entergy Corporation0.260.27
89
Utilities

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Diversification Analysis

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