Looking to diversify beyond IJPA.L? The ETFs below have the lowest correlation with IJPA.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 IJPA.L.
Best Diversifiers for IJPA.L
0 ETFs have low correlation with IJPA.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust NYSE Arca Biotechnology UCITS ETF Acc (FBT.L) (Health & Biotech Equities) with a 1Y correlation of 0.31, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust NYSE Arca Biotechnology UCITS ETF Acc | 0.31 | 0.18 | 0.22 | 56 | Health & Biotech Equities | IJPA.L vs FBT.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.37 | 0.38 | 0.43 | 70 | Technology Equities, S&P 500 | IJPA.L vs IITU.L | |
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.38 | 0.27 | — | 97 | Japan Equities | IJPA.L vs JRIE.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.45 | 0.44 | 0.53 | 68 | Technology Equities, S&P 500 | IJPA.L vs IUIT.L | |
| WisdomTree Strategic Metals and Rare Earths Miners... | 0.45 | — | — | 82 | Commodity Producers Equities | IJPA.L vs WREE.L |
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