Looking to diversify beyond ESJS.L? The ETFs below have the lowest correlation with ESJS.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 ESJS.L.
Best Diversifiers for ESJS.L
0 ETFs have low correlation with ESJS.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) (Nasdaq-100) with a 1Y correlation of 0.46, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.46 | 0.45 | 0.48 | 51 | Nasdaq-100 | ESJS.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.50 | 0.45 | 0.48 | 51 | Nasdaq-100 | ESJS.L vs EQQU.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.51 | 0.47 | — | 75 | Global Equities | ESJS.L vs FWRG.L | |
| Invesco Dow Jones Islamic Global Developed Markets... | 0.56 | 0.50 | — | 61 | Global Equities | ESJS.L vs IGDA.L | |
| Invesco FTSE All-World UCITS ETF USD Accumulation | 0.62 | 0.54 | 0.54 | 65 | Global Equities | ESJS.L vs FWRA.L |
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