Looking to diversify beyond IDJP.L? The ETFs below have the lowest correlation with IDJP.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 IDJP.L.
Best Diversifiers for IDJP.L
0 ETFs have low correlation with IDJP.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (CNDX.L) (Nasdaq-100) with a 1Y correlation of 0.39, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | 0.39 | 0.40 | 0.48 | 61 | Nasdaq-100 | IDJP.L vs CNDX.L | |
| iShares Core S&P 500 UCITS ETF | 0.41 | 0.42 | 0.49 | 72 | S&P 500 | IDJP.L vs CSP1.L | |
| iShares MSCI AC Far East ex-Japan UCITS ETF | 0.45 | 0.45 | 0.49 | 76 | Japan Equities | IDJP.L vs IDFF.L | |
| L&G APAC ex-Japan Quality Dividends Equal Weight E... | 0.48 | 0.52 | 0.58 | 55 | Japan Equities | IDJP.L vs LDAP.L | |
| HSBC Asia Pacific Ex Japan Screened Equity UCITS E... | 0.49 | 0.50 | 0.55 | 78 | Japan Equities | IDJP.L vs HSXD.L |
See all 20 diversifiers for IDJP.L
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