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
2 ETFs have low correlation with JNKE.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L) (Large Cap Blend Equities) with a 1Y correlation of 0.23, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.23 | 0.29 | 0.34 | 69 | Large Cap Blend Equities, Dividend | JNKE.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.27 | 0.31 | 0.38 | 53 | Large Cap Blend Equities, Dividend | JNKE.L vs UDVD.L | |
| SPDR MSCI ACWI UCITS ETF | 0.42 | 0.37 | 0.41 | 89 | Global Equities | JNKE.L vs ACWI.L | |
| SPDR MSCI World UCITS ETF | 0.44 | 0.37 | 0.42 | 86 | Global Equities | JNKE.L vs SWLD.L | |
| SPDR MSCI All Country World UCITS ETF | 0.49 | 0.47 | 0.57 | 70 | Global Equities | JNKE.L vs ACWD.L |
See all 10 diversifiers for JNKE.L
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