Looking to diversify beyond JPST? The ETFs below have the lowest correlation with JPST — 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 JPST.
Best Diversifiers for JPST
1313 ETFs have low correlation with JPST (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.39 | -0.35 | 63 | Leveraged Currency | JPST vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.15 | -0.11 | 55 | Oil & Gas | JPST vs UGA | |
| Fidelity Managed Futures ETF | -0.29 | — | — | 64 | Systematic Trend | JPST vs FFUT | |
| VanEck Commodity Strategy ETF | -0.22 | -0.05 | — | 57 | Commodities | JPST vs PIT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.21 | -0.02 | — | 50 | Commodities | JPST vs CMDT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JPST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JPST and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.21, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.21 | -0.07 | -0.07 | 65 | Energy | |
| Exxon Mobil Corporation | -0.19 | -0.05 | -0.07 | 72 | Energy | |
| Suncor Energy Inc. | -0.17 | -0.04 | -0.05 | 85 | Energy | |
| Chevron Corporation | -0.15 | -0.01 | -0.04 | 70 | Energy | |
| BP p.l.c. | -0.13 | -0.01 | -0.04 | 77 | Energy |
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Build a portfolio that complements JPST
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