Looking to diversify beyond JEDG.L? The ETFs below have the lowest correlation with JEDG.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 JEDG.L.
Best Diversifiers for JEDG.L
3 ETFs have low correlation with JEDG.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.10, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.10 | 0.30 | 0.35 | 91 | Global Equities, Dividend | JEDG.L vs TDGB.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.26 | 0.32 | — | 55 | Financials Equities | JEDG.L vs BNKE.L | |
| iShares Nasdaq US Biotechnology UCITS ETF | 0.28 | 0.35 | — | 76 | Health & Biotech Equities | JEDG.L vs BTEK.L | |
| Global X Silver Miners UCITS ETF USD Accumulating | 0.35 | 0.27 | — | 54 | Silver, Commodity Producers Equities, Precious Metals | JEDG.L vs SILG.L | |
| Amundi ETF MSCI Europe Energy UCITS ETF | 0.37 | 0.44 | — | 95 | Energy Equities | JEDG.L vs ANRJ.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JEDG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JEDG.L and solid risk/return profiles. The least correlated is Samsung Electronics Co. Ltd (SMSN.L) (Technology) with a 1Y correlation of 0.32, roughly unchanged from 0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Samsung Electronics Co. Ltd | 0.32 | 0.34 | — | 99 | Technology |
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