Looking to diversify beyond JHYU.L? The ETFs below have the lowest correlation with JHYU.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 JHYU.L.
Best Diversifiers for JHYU.L
0 ETFs have low correlation with JHYU.L (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Inc EUR Hedged (STHE.L) (High Yield Bonds) with a 1Y correlation of 0.42, roughly unchanged from 0.46 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.42 | 0.46 | — | 52 | High Yield Bonds | JHYU.L vs STHE.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.44 | 0.50 | — | 64 | High Yield Bonds | JHYU.L vs RISE.L | |
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | 0.46 | — | — | 84 | Nasdaq-100, Derivative Income | JHYU.L vs JEQP.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.49 | 0.51 | — | 58 | High Yield Bonds | JHYU.L vs WIGG.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.50 | 0.54 | — | 69 | High Yield Bonds | JHYU.L vs JHYP.L |
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