Looking to diversify beyond JXI? The ETFs below have the lowest correlation with JXI — 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 JXI.
Best Diversifiers for JXI
1204 ETFs have low correlation with JXI (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.28 | -0.23 | 61 | Leveraged Currency | JXI vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.12 | — | — | 97 | Inflation-Protected Bonds | JXI vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.01 | -0.02 | 100 | Ultrashort Bond | JXI vs SGOV | |
| iShares Diversified Commodity Swap UCITS ETF | -0.09 | -0.03 | — | 77 | Commodities | JXI vs ISCMF | |
| Fidelity Managed Futures ETF | -0.09 | — | — | 64 | Systematic Trend | JXI vs FFUT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JXI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JXI and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.02, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.02 | 0.02 | 0.14 | 76 | Technology | |
| eBay Inc. | 0.06 | 0.22 | 0.28 | 70 | Consumer Cyclical | |
| Amazon.com, Inc | 0.06 | 0.06 | 0.18 | 52 | Consumer Cyclical | |
| Broadcom Inc. | 0.09 | 0.05 | 0.16 | 75 | Technology | |
| Eli Lilly and Company | 0.15 | 0.14 | 0.23 | 75 | Healthcare |
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Build a portfolio that complements JXI
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Analyze a portfolio with JXI