Looking to diversify beyond LGJP.L? The ETFs below have the lowest correlation with LGJP.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 LGJP.L.
Best Diversifiers for LGJP.L
2 ETFs have low correlation with LGJP.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF - USD Accumulating ETF (BCOM.L) (Commodities) with a 1Y correlation of -0.15, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF - USD Accumulating E... | -0.15 | 0.05 | 0.16 | 59 | Commodities | LGJP.L vs BCOM.L | |
| L&G Cyber Security UCITS ETF | 0.28 | 0.39 | 0.46 | 53 | Cybersecurity | LGJP.L vs ISPY.L | |
| L&G Pharma Breakthrough UCITS ETF - USD Accumulati... | 0.42 | 0.48 | 0.51 | 67 | Health & Biotech Equities | LGJP.L vs BIOT.L | |
| L&G APAC ex-Japan Quality Dividends Equal Weight E... | 0.58 | 0.57 | 0.63 | 55 | Japan Equities | LGJP.L vs LDAP.L | |
| L&G Hydrogen Economy UCITS ETF | 0.58 | 0.57 | 0.60 | 68 | Alternative Energy Equities | LGJP.L vs HTWG.L |
See all 23 diversifiers for LGJP.L
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Diversification Analysis
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