Looking to diversify beyond IJPN.L? The ETFs below have the lowest correlation with IJPN.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 IJPN.L.
Best Diversifiers for IJPN.L
2 ETFs have low correlation with IJPN.L (below 0.3), 2 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) (Commodities) with a 1Y correlation of -0.17, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.17 | 0.00 | 0.07 | 66 | Commodities | IJPN.L vs WCOB.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | -0.05 | 0.01 | 0.01 | 96 | Corporate Bonds | IJPN.L vs FLOA.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.42 | 0.39 | 0.44 | 55 | Technology Equities, S&P 500 | IJPN.L vs IITU.L | |
| iShares USD High Yield Corporate Bond UCITS ETF US... | 0.47 | 0.45 | 0.49 | 58 | High Yield Bonds | IJPN.L vs IHYA.L | |
| iShares NASDAQ 100 UCITS ETF | 0.48 | 0.44 | 0.46 | 63 | Nasdaq-100 | IJPN.L vs CNDX.L |
See all 36 diversifiers for IJPN.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IJPN.L
Add IJPN.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IJPN.L