Looking to diversify beyond JPIB? The ETFs below have the lowest correlation with JPIB — 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 JPIB.
Best Diversifiers for JPIB
245 ETFs have low correlation with JPIB (below 0.3), 80 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.53, down from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.53 | -0.43 | -0.35 | 51 | Currency | JPIB vs UUP | |
| Invesco DB Energy Fund | -0.46 | -0.23 | -0.10 | 53 | Oil & Gas | JPIB vs DBE | |
| ProShares UltraShort Yen | -0.45 | -0.39 | -0.33 | 72 | Leveraged Currency | JPIB vs YCS | |
| United States Gasoline Fund LP | -0.41 | -0.22 | -0.11 | 78 | Oil & Gas | JPIB vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.37 | -0.16 | -0.06 | 51 | Commodities | JPIB vs GSG |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JPIB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JPIB and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.22, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.22 | 0.30 | 0.30 | 74 | Real Estate | |
| NNN REIT, Inc. | 0.23 | 0.30 | 0.29 | 73 | Real Estate | |
| BlackRock Science and Technology Term Trust | 0.38 | 0.30 | 0.31 | 93 | Financial Services |
Build a portfolio that complements JPIB
Add JPIB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JPIB