Looking to diversify beyond IPXJ.L? The ETFs below have the lowest correlation with IPXJ.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 IPXJ.L.
Best Diversifiers for IPXJ.L
0 ETFs have low correlation with IPXJ.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Japan Equity UCITS ETF USD Hedged Acc (DXJA.L) (Japan Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Japan Equity UCITS ETF USD Hedged Acc | 0.52 | 0.44 | 0.51 | 93 | Japan Equities, Asia Pacific Equities | IPXJ.L vs DXJA.L | |
| iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.54 | 0.52 | 0.56 | 70 | Japan Equities, Asia Pacific Equities | IPXJ.L vs ISJP.L | |
| Vanguard FTSE Japan UCITS ETF USD Hedged Acc | 0.54 | 0.47 | 0.54 | 92 | Japan Equities, Asia Pacific Equities | IPXJ.L vs VJPU.L | |
| iShares MSCI Japan USD Hedged UCITS ETF Accumulati... | 0.54 | 0.47 | 0.54 | 91 | Japan Equities, Asia Pacific Equities | IPXJ.L vs IJPD.L | |
| iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 0.56 | 0.57 | 0.62 | 59 | Japan Equities | IPXJ.L vs IDJP.L |
See all 24 diversifiers for IPXJ.L
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