Looking to diversify beyond AGBP.L? The ETFs below have the lowest correlation with AGBP.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 AGBP.L.
Best Diversifiers for AGBP.L
24 ETFs have low correlation with AGBP.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L) (Nasdaq-100) with a 1Y correlation of 0.02, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | 0.02 | 0.02 | 0.02 | 84 | Nasdaq-100, Derivative Income | AGBP.L vs JEQP.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.04 | 0.06 | 0.07 | 99 | Money Market | AGBP.L vs CSH2.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.08 | 0.09 | 0.14 | 98 | Ultrashort Bond | AGBP.L vs ERNS.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.10 | 0.12 | -0.02 | 91 | Global Equities, Dividend | AGBP.L vs TDGB.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.10 | 0.02 | 0.01 | 70 | Technology Equities, S&P 500 | AGBP.L vs IITU.L |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGBP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGBP.L and solid risk/return profiles. The least correlated is British American Tobacco plc (BATS.L) (Consumer Defensive) with a 1Y correlation of -0.00, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| British American Tobacco plc | -0.00 | 0.06 | -0.06 | 79 | Consumer Defensive | |
| CRH plc | 0.11 | 0.11 | 0.07 | 73 | Basic Materials | |
| The City of London Investment Trust plc | 0.35 | 0.25 | 0.13 | 80 | Financial Services |
Build a portfolio that complements AGBP.L
Add AGBP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGBP.L