Looking to diversify beyond JOET? The ETFs below have the lowest correlation with JOET — 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 JOET.
Best Diversifiers for JOET
282 ETFs have low correlation with JOET (below 0.3), 36 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.25 | -0.04 | 0.09 | 55 | Oil & Gas | JOET vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | JOET vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | JOET vs IBIC | |
| ProShares UltraShort Yen | -0.19 | -0.04 | -0.03 | 63 | Leveraged Currency | JOET vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.04 | -0.01 | 100 | Government Bonds, Ultrashort Bond | JOET vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JOET, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JOET and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marex Group PLC | 0.26 | — | — | 84 | Financial Services |
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