Looking to diversify beyond VJPN.L? The ETFs below have the lowest correlation with VJPN.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 VJPN.L.
Best Diversifiers for VJPN.L
2 ETFs have low correlation with VJPN.L (below 0.3), 2 of which are negatively correlated. The least correlated is SPDR MSCI World Energy UCITS ETF (ENGW.L) (Energy Equities) with a 1Y correlation of -0.06, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI World Energy UCITS ETF | -0.06 | 0.17 | 0.19 | 66 | Energy Equities | VJPN.L vs ENGW.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | -0.00 | 0.01 | — | 97 | Short-Term Bond | VJPN.L vs TIGB.L | |
| VanEck Semiconductor UCITS ETF | 0.41 | 0.42 | 0.46 | 97 | Semiconductors, Technology Equities | VJPN.L vs SMGB.L | |
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.42 | 0.29 | — | 97 | Japan Equities | VJPN.L vs JRIE.L | |
| iShares MSCI AC Far East ex-Japan UCITS ETF | 0.43 | 0.40 | 0.41 | 94 | Asia Pacific Equities | VJPN.L vs IFFF.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VJPN.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VJPN.L and solid risk/return profiles. The least correlated is Legal & General Group plc (LGEN.L) (Financial Services) with a 1Y correlation of 0.31, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Legal & General Group plc | 0.31 | 0.36 | 0.34 | 63 | Financial Services | |
| Rolls-Royce Holdings PLC | 0.32 | 0.34 | 0.31 | 75 | Industrials | |
| Murray International Trust | 0.46 | 0.45 | 0.43 | 93 | Financial Services |
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