Looking to diversify beyond JPLG.L? The ETFs below have the lowest correlation with JPLG.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 JPLG.L.
Best Diversifiers for JPLG.L
8 ETFs have low correlation with JPLG.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G Multi-Strategy Enhanced Commodities UCITS ETF (ENCG.L) (Commodities) with a 1Y correlation of -0.03, down from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.03 | 0.14 | — | 63 | Commodities | JPLG.L vs ENCG.L | |
| JPM GBP Ultra-Short Income Active UCITS ETF - GBP ... | 0.14 | 0.07 | 0.05 | 98 | Ultrashort Bond | JPLG.L vs JGST.L | |
| JPMorgan USD Ultra-Short Income Active UCITS ETF U... | 0.17 | 0.13 | 0.10 | 99 | Ultrashort Bond | JPLG.L vs JPSA.L | |
| JPM BetaBuilders US Treasury Bond 0-3 Months UCITS... | 0.20 | 0.20 | 0.11 | 98 | Ultrashort Bond | JPLG.L vs BB3M.L | |
| JPM GBP Ultra-Short Income Active ETF GBP Acc | 0.25 | 0.11 | 0.09 | 98 | Ultrashort Bond | JPLG.L vs JGSA.L |
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