Looking to diversify beyond BB3M.L? The ETFs below have the lowest correlation with BB3M.L — 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 BB3M.L.
Best Diversifiers for BB3M.L
21 ETFs have low correlation with BB3M.L (below 0.3), 4 of which are negatively correlated. The least correlated is JPM GBP Ultra-Short Income Active UCITS ETF - GBP (dist) (JGST.L) (Ultrashort Bond) with a 1Y correlation of -0.08, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPM GBP Ultra-Short Income Active UCITS ETF - GBP ... | -0.08 | -0.04 | -0.04 | 98 | Ultrashort Bond | BB3M.L vs JGST.L | |
| JPM GBP Ultra-Short Income Active ETF GBP Acc | -0.05 | -0.01 | -0.04 | 98 | Ultrashort Bond | BB3M.L vs JGSA.L | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | -0.04 | -0.00 | -0.00 | 69 | Nasdaq-100, Derivative Income | BB3M.L vs JEPQ.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | -0.02 | -0.02 | 0.02 | 51 | Large Cap Blend Equities, Dividend | BB3M.L vs DGRA.L | |
| JPMorgan Global Research Enhanced Index Equity UCI... | 0.01 | -0.01 | 0.03 | 63 | Global Equities | BB3M.L vs JREG.L |
See all 21 diversifiers for BB3M.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BB3M.L
Add BB3M.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BB3M.L