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JPMorgan American Investment Trust (JAM.L) Diversifiers

Equity · Currency in GBp · Last updated Jun 5, 2026

JPMorgan American Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of large cap companies. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Net Index. It was formerly known as JP Morgan Fleming American Investment Trust. JPMorgan American Investment Trust plc was formed on December 25, 1881 and is domiciled in the United Kingdom.

Looking to balance out your exposure to JAM.L? The ETFs below have the lowest correlation with JAM.L — they tend to move on their own, which can help reduce risk when JAM.L drops. The stock ideas table highlights individual companies that behave independently from JAM.L.

Best Diversifiers for JAM.L

0 ETFs have low correlation with JAM.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.L) (Global Equities) with a 1Y correlation of 0.74, roughly unchanged from 0.79 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
IWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)0.740.800.79
68
Global EquitiesJAM.L vs IWDA.L
HMWO.L
HSBC MSCI World UCITS ETF0.830.840.83
78
Global EquitiesJAM.L vs HMWO.L
VUAG.L
Vanguard S&P 500 UCITS ETF (USD) Accumulating0.840.830.83
82
S&P 500JAM.L vs VUAG.L
VUSA.L
Vanguard S&P 500 UCITS ETF0.840.830.83
82
S&P 500JAM.L vs VUSA.L
IUSA.L
iShares S&P 500 UCITS Dist0.850.840.83
84
S&P 500JAM.L vs IUSA.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from JAM.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JAM.L and solid risk/return profiles. The least correlated is F&C Investment Trust plc (FCIT.L) (Financial Services) with a 1Y correlation of 0.66, roughly unchanged from 0.72 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
FCIT.L
F&C Investment Trust plc0.660.710.72
90
Financial Services
ATT.L
Allianz Technology Trust plc0.660.720.71
96
Financial Services
JGGI.L
JP Morgan Global Growth & Income plc0.720.780.74
76
Financial Services

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Diversification Analysis

Build a portfolio that complements JAM.L

Add JAM.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with JAM.L