Looking to diversify beyond JNKE.L? The ETFs below have the lowest correlation with JNKE.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 JNKE.L.
Best Diversifiers for JNKE.L
0 ETFs have low correlation with JNKE.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI World UCITS ETF (SWLD.L) (Global Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI World UCITS ETF | 0.41 | 0.37 | 0.42 | 83 | Global Equities | JNKE.L vs SWLD.L | |
| SPDR S&P 500 UCITS ETF | 0.49 | 0.43 | 0.49 | 83 | S&P 500 | JNKE.L vs SPX5.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.50 | — | — | 74 | S&P 500 | JNKE.L vs SPYL.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.51 | 0.45 | 0.51 | 75 | S&P 500 | JNKE.L vs SPY5.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.53 | 0.49 | 0.53 | 75 | Small Cap Value Equities | JNKE.L vs USSC.L |
See all 9 diversifiers for JNKE.L
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