Looking to diversify beyond BBDD.L? The ETFs below have the lowest correlation with BBDD.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 BBDD.L.
Best Diversifiers for BBDD.L
6 ETFs have low correlation with BBDD.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPM BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD Acc USD (BB3M.L) (Ultrashort Bond) with a 1Y correlation of 0.03, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPM BetaBuilders US Treasury Bond 0-3 Months UCITS... | 0.03 | -0.01 | 0.03 | 98 | Ultrashort Bond | BBDD.L vs BB3M.L | |
| JPM GBP Ultra-Short Income Active UCITS ETF - GBP ... | 0.11 | 0.02 | 0.03 | 98 | Ultrashort Bond | BBDD.L vs JGST.L | |
| JPM GBP Ultra-Short Income Active ETF GBP Acc | 0.14 | 0.05 | 0.05 | 98 | Ultrashort Bond | BBDD.L vs JGSA.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.14 | — | — | 99 | Europe Equities | BBDD.L vs JRDZ.L | |
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.23 | 0.17 | 0.16 | 97 | Japan Equities | BBDD.L vs JRIE.L |
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