Looking to balance out your exposure to BBOX.L? The ETFs below have the lowest correlation with BBOX.L — they tend to move on their own, which can help reduce risk when BBOX.L drops. The stock ideas table highlights individual companies that behave independently from BBOX.L.
Best Diversifiers for BBOX.L
1 ETFs have low correlation with BBOX.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) (Emerging Markets Equities) with a 1Y correlation of 0.22, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.22 | 0.21 | 0.21 | 87 | Emerging Markets Equities | BBOX.L vs EMIM.L | |
| Vanguard FTSE All-World UCITS ETF (USD) Accumulati... | 0.31 | 0.28 | 0.33 | 86 | Global Equities | BBOX.L vs VWRP.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.32 | 0.32 | 0.31 | 86 | Global Equities | BBOX.L vs VHYG.L | |
| WisdomTree New Economy Real Estate UCITS ETF USD D... | 0.37 | 0.48 | 0.50 | 72 | REIT | BBOX.L vs WNEW.L |
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