Looking to diversify beyond JPRE? The ETFs below have the lowest correlation with JPRE — 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 JPRE.
Best Diversifiers for JPRE
1209 ETFs have low correlation with JPRE (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.37, down from -0.25 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.37 | -0.25 | — | 63 | Leveraged Currency | JPRE vs YCS | |
| Fidelity Managed Futures ETF | -0.12 | — | — | 64 | Systematic Trend | JPRE vs FFUT | |
| United States Gasoline Fund LP | -0.12 | -0.08 | — | 55 | Oil & Gas | JPRE vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | — | — | 97 | Inflation-Protected Bonds | JPRE vs RBIL | |
| NestYield Visionary ETF | -0.08 | — | — | 55 | Derivative Income | JPRE vs EGGQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JPRE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JPRE and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.34, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.34 | 0.49 | 0.56 | 79 | Financial Services | |
| Welltower Inc. | 0.59 | 0.67 | 0.71 | 86 | Real Estate |
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