Looking to balance out your exposure to JXN? The ETFs below have the lowest correlation with JXN — they tend to move on their own, which can help reduce risk when JXN drops. The stock ideas table highlights individual companies that behave independently from JXN.
Best Diversifiers for JXN
1 ETFs have low correlation with JXN (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab International Dividend Equity ETF (SCHY) (Dividend) with a 1Y correlation of 0.28, roughly unchanged from 0.35 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab International Dividend Equity ETF | 0.28 | 0.35 | — | 54 | Dividend, Foreign Large Cap Equities | JXN vs SCHY | |
| Jpmorgan International Value ETF | 0.36 | — | — | 85 | Foreign Large Cap Equities | JXN vs JIVE | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | 0.36 | — | — | 82 | Nasdaq-100, Dividend | JXN vs GPIQ | |
| Schwab U.S. Dividend Equity ETF | 0.41 | 0.51 | — | 85 | Dividend | JXN vs SCHD | |
| iShares Edge MSCI USA Value Factor ETF | 0.46 | 0.56 | 0.59 | 97 | Large Cap Value Equities | JXN vs VLUE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JXN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JXN and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.03, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.03 | 0.18 | 0.24 | 84 | Energy | |
| Evergy, Inc. | 0.01 | 0.09 | 0.18 | 86 | Utilities | |
| Johnson & Johnson | 0.01 | 0.05 | 0.11 | 94 | Healthcare | |
| First Solar, Inc. | 0.02 | 0.20 | — | 81 | Technology | |
| The Coca-Cola Company | 0.02 | 0.02 | 0.13 | 62 | Consumer Defensive |
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Build a portfolio that complements JXN
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