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
375 ETFs have low correlation with JPEF (below 0.3), 68 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 60 | Inverse Equities | JPEF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 68 | Inverse Equities, Leveraged Equities | JPEF vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | -0.35 | 57 | Cryptocurrency | JPEF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | JPEF vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | -0.43 | -0.43 | 70 | Derivative Income | JPEF vs WNTR |
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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 Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.17, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.17 | 0.07 | 0.07 | 62 | Energy | |
| McKesson Corporation | 0.01 | 0.08 | 0.08 | 60 | Healthcare | |
| Berkshire Hathaway Inc. | 0.11 | — | — | 53 | Financial Services | |
| Rivian Automotive, Inc. | 0.36 | 0.39 | 0.39 | 63 | Consumer Cyclical | |
| Cirrus Logic, Inc. | 0.38 | — | — | 77 | Technology |
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Build a portfolio that complements JPEF
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