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
4 ETFs have low correlation with JHYU.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global High Yield Corp Bond UCITS ETF GBP Hedged (Dist) (GHYG.L) (High Yield Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global High Yield Corp Bond UCITS ETF GBP ... | 0.12 | 0.14 | 0.17 | 54 | High Yield Bonds | JHYU.L vs GHYG.L | |
| iShares € High Yield Corp Bond ESG SRI UCITS ETF G... | 0.17 | 0.21 | — | 61 | High Yield Bonds | JHYU.L vs EHYG.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.21 | 0.17 | 0.18 | 63 | High Yield Bonds | JHYU.L vs WIGG.L | |
| iShares USD Short Duration High Yield Corporate Bo... | 0.25 | 0.37 | 0.47 | 55 | High Yield Bonds | JHYU.L vs SDHG.L | |
| Lyxor ESG USD High Yield (DR) UCITS ETF - Dist | 0.31 | 0.44 | 0.55 | 54 | High Yield Bonds | JHYU.L vs UHYG.L |
See all 31 diversifiers for JHYU.L
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Diversification Analysis
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