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
20 ETFs have low correlation with JMLP.DE (below 0.3), 12 of which are negatively correlated. The least correlated is iShares MSCI Europe Financials Sector UCITS ETF EUR (Acc) (ESIF.DE) (Financials Equities) with a 1Y correlation of -0.14, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Europe Financials Sector UCITS ETF EU... | -0.14 | 0.11 | 0.25 | 64 | Financials Equities | JMLP.DE vs ESIF.DE | |
| iShares Edge MSCI EM Value Factor UCITS ETF USD(Ac... | -0.10 | 0.12 | 0.23 | 95 | Emerging Markets Equities | JMLP.DE vs 5MVL.DE | |
| Xtrackers MSCI Japan UCITS ETF 1C | -0.10 | 0.16 | 0.24 | 74 | Japan Equities | JMLP.DE vs DBXJ.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | -0.10 | 0.14 | 0.29 | 60 | Europe Equities | JMLP.DE vs LYP6.DE | |
| Amundi Prime Japan UCITS ETF DR (D) | -0.08 | 0.16 | 0.24 | 68 | Japan Equities | JMLP.DE vs PR1J.DE |
See all 27 diversifiers for JMLP.DE
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