Looking to diversify beyond JPGL.L? The ETFs below have the lowest correlation with JPGL.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 JPGL.L.
Best Diversifiers for JPGL.L
8 ETFs have low correlation with JPGL.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPM BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD Acc USD (BB3M.L) (Ultrashort Bond) with a 1Y correlation of 0.08, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPM BetaBuilders US Treasury Bond 0-3 Months UCITS... | 0.08 | 0.01 | 0.03 | 98 | Ultrashort Bond | JPGL.L vs BB3M.L | |
| JPMorgan USD Ultra-Short Income Active UCITS ETF U... | 0.14 | 0.13 | 0.11 | 99 | Ultrashort Bond | JPGL.L vs JPSA.L | |
| JPM GBP Ultra-Short Income Active ETF GBP Acc | 0.21 | 0.11 | 0.09 | 98 | Ultrashort Bond | JPGL.L vs JGSA.L | |
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.25 | 0.20 | — | 97 | Japan Equities | JPGL.L vs JRIE.L | |
| JPMorgan China A Research Enhanced Index Equity (E... | 0.28 | 0.16 | — | 86 | China Equities | JPGL.L vs JRCD.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JPGL.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JPGL.L and solid risk/return profiles. The least correlated is BH Macro Limited (BHMG.L) (Financial Services) with a 1Y correlation of 0.11, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BH Macro Limited | 0.11 | 0.11 | 0.09 | 63 | Financial Services |
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