Looking to diversify beyond JPEF? The ETFs below have historically moved differently from JPEF, 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 JPEF
425 ETFs have low correlation with JPEF (below 0.3), 87 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 52 | Inverse Equities | JPEF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 61 | Inverse Equities, Leveraged Equities | JPEF vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.45 | — | — | 61 | Cryptocurrency | JPEF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | JPEF vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 75 | Derivative Income | JPEF vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for JPEF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.20, down from 0.06 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.20 | 0.06 | — | 70 | Energy | |
| McKesson Corporation | -0.06 | 0.06 | — | 67 | Healthcare | |
| Berkshire Hathaway Inc. | 0.07 | 0.33 | — | 61 | Financial Services | |
| Visa Inc. | 0.22 | 0.40 | — | 53 | Financial Services | |
| Brookfield Infrastructure Corporation | 0.27 | — | — | 56 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JPEF
Add JPEF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JPEF