Looking to diversify beyond JPHY? The ETFs below have the lowest correlation with JPHY — 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 JPHY.
Best Diversifiers for JPHY
214 ETFs have low correlation with JPHY (below 0.3), 55 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.28, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.28 | -0.28 | -0.28 | 66 | Oil & Gas | JPHY vs USO | |
| United States Gasoline Fund LP | -0.26 | -0.26 | -0.26 | 71 | Oil & Gas | JPHY vs UGA | |
| Invesco DB Oil Fund | -0.25 | -0.25 | -0.25 | 65 | Oil & Gas | JPHY vs DBO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.25 | -0.25 | -0.25 | 56 | Oil & Gas | JPHY vs OILK | |
| United States 12 Month Oil Fund LP | -0.24 | -0.24 | -0.24 | 56 | Oil & Gas | JPHY vs USL |
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