Looking to diversify beyond JPEF? The ETFs below have the lowest correlation with JPEF — 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 JPEF.
Best Diversifiers for JPEF
304 ETFs have low correlation with JPEF (below 0.3), 42 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.21 | — | — | 55 | Oil & Gas | JPEF vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | JPEF vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | JPEF vs RBIL | |
| Direxion Daily NFLX Bear 1X Shares | -0.20 | -0.33 | -0.33 | 55 | Inverse Equities | JPEF vs NFXS | |
| ProShares UltraShort Yen | -0.19 | — | — | 63 | Leveraged Currency | JPEF vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JPEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JPEF and solid risk/return profiles. The least correlated is Cirrus Logic, Inc. (CRUS) (Technology) with a 1Y correlation of 0.35, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cirrus Logic, Inc. | 0.35 | 0.49 | 0.49 | 79 | Technology | |
| CrowdStrike Holdings, Inc. | 0.38 | 0.52 | 0.52 | 65 | Technology | |
| Roku, Inc. | 0.48 | 0.47 | 0.47 | 79 | Communication Services | |
| Apple Inc | 0.49 | — | — | 87 | Technology | |
| Carnival Corporation & Plc | 0.55 | 0.53 | 0.53 | 57 | Consumer Cyclical |
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