Looking to diversify beyond JPSE? The ETFs below have the lowest correlation with JPSE — 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 JPSE.
Best Diversifiers for JPSE
376 ETFs have low correlation with JPSE (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.01 | 0.15 | 71 | Oil & Gas | JPSE vs DBE | |
| United States Oil Fund LP | -0.29 | -0.01 | 0.14 | 66 | Oil & Gas | JPSE vs USO | |
| United States Brent Oil Fund LP | -0.27 | -0.00 | 0.14 | 65 | Oil & Gas | JPSE vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | JPSE vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.25 | 0.03 | 0.16 | 56 | Oil & Gas | JPSE vs OILK |
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