Looking to diversify beyond JGHY.L? The ETFs below have the lowest correlation with JGHY.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 JGHY.L.
Best Diversifiers for JGHY.L
2 ETFs have low correlation with JGHY.L (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Haitong Asia ex-Japan High Yield Corp USD Bond Screened Core UCITS ETF Acc (TAHY.L) (High Yield Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Haitong Asia ex-Japan High Yield C... | 0.11 | 0.17 | — | 69 | High Yield Bonds | JGHY.L vs TAHY.L | |
| VanEck Emerging Markets High Yield Bond UCITS ETF | 0.25 | 0.38 | 0.41 | 64 | High Yield Bonds | JGHY.L vs HYEM.L | |
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | 0.41 | — | — | 77 | Nasdaq-100, Derivative Income | JGHY.L vs JEQP.L | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.50 | — | — | 70 | Nasdaq-100, Derivative Income | JGHY.L vs JEPQ.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.52 | 0.64 | 0.75 | 80 | High Yield Bonds | JGHY.L vs STHY.L |
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