Looking to diversify beyond IJPE.L? The ETFs below have the lowest correlation with IJPE.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 IJPE.L.
Best Diversifiers for IJPE.L
0 ETFs have low correlation with IJPE.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 0.38, 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... | 0.38 | 0.27 | — | 97 | Japan Equities | IJPE.L vs JRIE.L | |
| iShares MSCI Canada UCITS ETF (USD Accumulating) | 0.43 | 0.47 | 0.50 | 90 | Canada Equities | IJPE.L vs CSCA.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.47 | 0.42 | 0.48 | 70 | Technology Equities, S&P 500 | IJPE.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.48 | 0.45 | 0.51 | 68 | Technology Equities, S&P 500 | IJPE.L vs IUIT.L | |
| iShares NASDAQ 100 UCITS ETF | 0.52 | 0.49 | 0.53 | 75 | Nasdaq-100 | IJPE.L vs CNDX.L |
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