Looking to diversify beyond JD3.L? The ETFs below have the lowest correlation with JD3.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 JD3.L.
Best Diversifiers for JD3.L
13 ETFs have low correlation with JD3.L (below 0.3), 2 of which are negatively correlated. The least correlated is Leverage Shares 3x Long Oil & Gas ETP Securities GBP (3XLE.L) (Leveraged Equities) with a 1Y correlation of -0.12, down from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Long Oil & Gas ETP Securities G... | -0.12 | 0.10 | — | 56 | Leveraged Equities | JD3.L vs 3XLE.L | |
| Leverage Shares 3x BP ETP GBX | -0.01 | 0.18 | — | 61 | Leveraged Equities | JD3.L vs 3BP.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.11 | 0.20 | 0.22 | 95 | Leveraged Equities | JD3.L vs 3GOE.L | |
| Leverage Shares 3x Apple ETC EUR | 0.13 | 0.15 | — | 63 | Leveraged Equities | JD3.L vs 3APE.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.14 | 0.21 | — | 96 | Leveraged Equities | JD3.L vs 3GOO.L |
See all 20 diversifiers for JD3.L
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