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
391 ETFs have low correlation with JPEF (below 0.3), 83 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.28 | — | — | 66 | Oil & Gas | JPEF vs USO | |
| Invesco DB Energy Fund | -0.28 | — | — | 71 | Oil & Gas | JPEF vs DBE | |
| United States Brent Oil Fund LP | -0.27 | — | — | 65 | Oil & Gas | JPEF vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | -0.07 | -0.07 | 56 | Derivative Income | JPEF vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | — | — | 56 | Oil & Gas | JPEF vs OILK |
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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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rivian Automotive, Inc. | 0.32 | — | — | 52 | Consumer Cyclical | |
| Cirrus Logic, Inc. | 0.35 | — | — | 87 | Technology | |
| Oracle Corporation | 0.36 | — | — | 62 | Technology | |
| CrowdStrike Holdings, Inc. | 0.38 | — | — | 73 | Technology | |
| Roku, Inc. | 0.48 | — | — | 80 | Communication Services |
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Build a portfolio that complements JPEF
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