Looking to diversify beyond JEQP.L? The ETFs below have the lowest correlation with JEQP.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 JEQP.L.
Best Diversifiers for JEQP.L
16 ETFs have low correlation with JEQP.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPM GBP Ultra-Short Income Active ETF GBP Acc | 0.01 | — | — | 98 | Ultrashort Bond | JEQP.L vs JGSA.L | |
| JPM GBP Ultra-Short Income Active UCITS ETF - GBP ... | 0.02 | — | — | 98 | Ultrashort Bond | JEQP.L vs JGST.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.06 | — | — | 99 | Ultrashort Bond | JEQP.L vs ERNS.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.09 | — | — | 95 | Global Equities, Dividend | JEQP.L vs TDGB.L | |
| JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Inc... | 0.10 | — | — | 99 | Dividend | JEQP.L vs JPST.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JEQP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JEQP.L and solid risk/return profiles. The least correlated is British American Tobacco plc (BATS.L) (Consumer Defensive) with a 1Y correlation of -0.06, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| British American Tobacco plc | -0.06 | -0.04 | -0.04 | 71 | Consumer Defensive | |
| The City of London Investment Trust plc | 0.19 | 0.25 | 0.25 | 85 | Financial Services | |
| JP Morgan Global Growth & Income plc | 0.63 | — | — | 75 | Financial Services |
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