Looking to diversify beyond JMLP.DE? The ETFs below have the lowest correlation with JMLP.DE — 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 JMLP.DE.
Best Diversifiers for JMLP.DE
16 ETFs have low correlation with JMLP.DE (below 0.3), 11 of which are negatively correlated. The least correlated is Invesco Global Clean Energy UCITS ETF Dist (G1CD.DE) (Energy Equities) with a 1Y correlation of -0.09, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Global Clean Energy UCITS ETF Dist | -0.09 | 0.17 | 0.25 | 94 | Energy Equities | JMLP.DE vs G1CD.DE | |
| Xtrackers MSCI Japan UCITS ETF 1C | -0.08 | 0.18 | 0.25 | 54 | Japan Equities | JMLP.DE vs DBXJ.DE | |
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | -0.07 | 0.15 | 0.25 | 88 | Energy Equities | JMLP.DE vs QCLN.DE | |
| iShares Global Clean Energy UCITS ETF USD (Dist) | -0.07 | 0.13 | 0.23 | 89 | Energy Equities | JMLP.DE vs IQQH.DE | |
| Invesco Global Clean Energy UCITS ETF Acc | -0.06 | 0.18 | 0.28 | 94 | Energy Equities | JMLP.DE vs G1CE.DE |
See all 29 diversifiers for JMLP.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JMLP.DE
Add JMLP.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JMLP.DE