Looking to diversify beyond PAJS.L? The ETFs below have the lowest correlation with PAJS.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 PAJS.L.
Best Diversifiers for PAJS.L
1 ETFs have low correlation with PAJS.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI Thailand UCITS ETF 1C (XCX4.L) (Asia Pacific Equities) with a 1Y correlation of 0.23, roughly unchanged from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI Thailand UCITS ETF 1C | 0.23 | 0.23 | — | 80 | Asia Pacific Equities | PAJS.L vs XCX4.L | |
| iShares Asia Pacific Dividend UCITS | 0.38 | 0.44 | — | 91 | Asia Pacific Equities | PAJS.L vs IAPD.L | |
| L&G Quality Equity Dividends ESG Exclusions Asia P... | 0.39 | 0.42 | 0.44 | 53 | Asia Pacific Equities | PAJS.L vs LDAG.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.40 | 0.43 | 0.46 | 60 | Nasdaq-100 | PAJS.L vs EQQQ.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.46 | 0.44 | 0.43 | 81 | Global Equities | PAJS.L vs FWRG.L |
See all 83 diversifiers for PAJS.L
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