Looking to diversify beyond FJPS.L? The ETFs below have the lowest correlation with FJPS.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 FJPS.L.
Best Diversifiers for FJPS.L
0 ETFs have low correlation with FJPS.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Japan Research Enhanced Index Equity (ESG) UCITS ETF USD (dist) (JRIE.L) (Japan Equities) with a 1Y correlation of 0.37, up from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.37 | 0.27 | — | 97 | Japan Equities | FJPS.L vs JRIE.L | |
| iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.75 | 0.82 | 0.85 | 61 | Japan Equities | FJPS.L vs ISJP.L | |
| WisdomTree Japan Equity UCITS ETF USD Hedged Acc | 0.77 | 0.73 | 0.65 | 88 | Japan Equities | FJPS.L vs DXJA.L | |
| WisdomTree Japan Equity UCITS ETF GBP Hedged | 0.79 | 0.80 | 0.74 | 89 | Japan Equities | FJPS.L vs DXJP.L | |
| iShares MSCI Japan USD Hedged UCITS ETF Accumulati... | 0.79 | 0.80 | 0.75 | 87 | Japan Equities | FJPS.L vs IJPD.L |
See all 26 diversifiers for FJPS.L
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Diversification Analysis
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