Looking to diversify beyond JVAL? The ETFs below have the lowest correlation with JVAL — 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 JVAL.
Best Diversifiers for JVAL
341 ETFs have low correlation with JVAL (below 0.3), 54 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 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.03 | 0.13 | 71 | Oil & Gas | JVAL vs DBE | |
| United States Oil Fund LP | -0.28 | -0.03 | 0.11 | 66 | Oil & Gas | JVAL vs USO | |
| United States Brent Oil Fund LP | -0.26 | -0.03 | 0.11 | 65 | Oil & Gas | JVAL vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.25 | 0.01 | 0.14 | 55 | Oil & Gas | JVAL vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | -0.06 | -0.06 | 56 | Derivative Income | JVAL vs USOY |
See all 2109 diversifiers for JVAL
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