Looking to balance out your exposure to JPM? The ETFs below have the lowest correlation with JPM — they tend to move on their own, which can help reduce risk when JPM drops. The stock ideas table highlights individual companies that behave independently from JPM.
Best Diversifiers for JPM
133 ETFs have low correlation with JPM (below 0.3), 14 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.12 | — | — | 100 | Ultrashort Bond | JPM vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.12 | -0.08 | -0.01 | 100 | Government Bonds, Ultrashort Bond | JPM vs BIL | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.12 | -0.02 | 0.00 | 90 | Inflation-Protected Bonds | JPM vs VTIP | |
| Direxion Daily MU Bull 2X Shares | -0.11 | -0.11 | -0.11 | 99 | Leveraged Equities, Semiconductors | JPM vs MUU | |
| iShares 0-5 Year TIPS Bond ETF | -0.11 | -0.02 | 0.01 | 91 | Inflation-Protected Bonds | JPM vs STIP |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JPM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JPM and solid risk/return profiles. The least correlated is Par Pacific Holdings, Inc. (PARR) (Energy) with a 1Y correlation of -0.09, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Par Pacific Holdings, Inc. | -0.09 | 0.12 | 0.24 | 89 | Energy | |
| The Coca-Cola Company | -0.09 | 0.07 | 0.20 | 82 | Consumer Defensive | |
| Altria Group, Inc. | -0.06 | 0.12 | 0.22 | 78 | Consumer Defensive | |
| Occidental Petroleum Corporation | -0.05 | 0.14 | 0.27 | 64 | Energy | |
| Archer-Daniels-Midland Company | -0.04 | 0.16 | 0.27 | 91 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JPM
Add JPM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JPM