Looking to diversify beyond JPNL.L? The ETFs below have the lowest correlation with JPNL.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 JPNL.L.
Best Diversifiers for JPNL.L
1 ETFs have low correlation with JPNL.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.18, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.18 | 0.05 | 0.04 | 99 | Money Market | JPNL.L vs CSH2.L | |
| Amundi FTSE 100 UCITS ETF | 0.46 | 0.47 | 0.45 | 72 | Europe Equities | JPNL.L vs 100D.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.46 | 0.43 | 0.47 | 66 | S&P 500 | JPNL.L vs 500U.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.47 | 0.41 | 0.37 | 77 | Financials Equities | JPNL.L vs BNKE.L | |
| Lyxor S&P 500 UCITS ETF - Acc | 0.48 | 0.46 | 0.50 | 81 | S&P 500 | JPNL.L vs SP5L.L |
See all 45 diversifiers for JPNL.L
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Diversification Analysis
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