Looking to diversify beyond SJPA.L? The ETFs below have the lowest correlation with SJPA.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 SJPA.L.
Best Diversifiers for SJPA.L
7 ETFs have low correlation with SJPA.L (below 0.3), 5 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.19, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.19 | -0.01 | 0.05 | 64 | Commodities | SJPA.L vs BCOG.L | |
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.08 | 0.14 | 0.17 | 78 | Energy Equities | SJPA.L vs ESIE.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.07 | -0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | SJPA.L vs IB01.L | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.07 | 0.17 | — | 59 | Energy Equities | SJPA.L vs WENS.L | |
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | -0.04 | 0.01 | -0.00 | 88 | Government Bonds, Short-Term Bond | SJPA.L vs IBTA.L |
See all 70 diversifiers for SJPA.L
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Diversification Analysis
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