Looking to diversify beyond JRDZ.L? The ETFs below have the lowest correlation with JRDZ.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 JRDZ.L.
Best Diversifiers for JRDZ.L
0 ETFs have low correlation with JRDZ.L (below 0.3), 0 of which are negatively correlated. The least correlated is L&G UK Equity UCITS ETF (LGUK.L) (Europe Equities) with a 1Y correlation of 0.38, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G UK Equity UCITS ETF | 0.38 | 0.56 | 0.61 | 55 | Europe Equities | JRDZ.L vs LGUK.L | |
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | 0.41 | 0.44 | 0.44 | 85 | Nasdaq-100, Derivative Income | JRDZ.L vs JEQP.L | |
| Franklin European Quality Dividend UCITS ETF | 0.43 | 0.52 | — | 88 | Europe Equities | JRDZ.L vs FLXD.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.49 | 0.70 | — | 86 | Europe Equities | JRDZ.L vs LCPE.L | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.49 | 0.52 | 0.52 | 72 | Nasdaq-100, Derivative Income | JRDZ.L vs JEPQ.L |
See all 105 diversifiers for JRDZ.L
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