Looking to diversify beyond BATT.L? The ETFs below have the lowest correlation with BATT.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 BATT.L.
Best Diversifiers for BATT.L
2 ETFs have low correlation with BATT.L (below 0.3), 2 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.02, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.02 | 0.13 | 0.21 | 64 | Commodities | BATT.L vs BCOG.L | |
| Invesco Bloomberg Commodity UCITS ETF Acc | -0.02 | 0.14 | 0.21 | 67 | Commodities | BATT.L vs CMOP.L | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.43 | 0.54 | 0.51 | 78 | Europe Equities | BATT.L vs LDEG.L | |
| iShares S&P 500 Industrials Sector UCITS ETF USD (... | 0.53 | 0.52 | 0.59 | 53 | Industrials Equities, S&P 500 | BATT.L vs IISU.L | |
| L&G Russell 2000 US Small Cap UCITS ETF | 0.54 | 0.57 | 0.61 | 75 | Small Cap Blend Equities | BATT.L vs RTWP.L |
See all 21 diversifiers for BATT.L
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Diversification Analysis
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