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Tritax Big Box REIT plc (BBOX.L) Diversifiers

Equity · Currency in GBp · Last updated Jul 21, 2026

Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets (Big Boxes) in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes. The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies (REIT), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

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

3 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 0.18, roughly unchanged from 0.20 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
EMIM.L
iShares Core MSCI Emerging Markets IMI UCITS ETF (...0.180.180.20
63
Emerging Markets EquitiesBBOX.L vs EMIM.L
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)0.290.270.33
81
Global EquitiesBBOX.L vs SWDA.L
VWRP.L
Vanguard FTSE All-World UCITS ETF (USD) Accumulati...0.290.270.33
81
Global EquitiesBBOX.L vs VWRP.L
WLDS.L
iShares MSCI World Small Cap UCITS ETF0.340.360.39
79
Small Cap Blend EquitiesBBOX.L vs WLDS.L
VHYG.L
Vanguard FTSE All-World High Dividend Yield UCITS ...0.360.310.31
90
Dividend, Global EquitiesBBOX.L vs VHYG.L
See all 9 diversifiers for BBOX.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BBOX.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBOX.L and solid risk/return profiles. The least correlated is Murray International Trust (MYI.L) (Financial Services) with a 1Y correlation of 0.27, roughly unchanged from 0.34 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
MYI.L
Murray International Trust0.270.290.34
94
Financial Services
INPP.L
International Public Partnership0.390.380.36
86
Financial Services
LMP.L
LondonMetric Property plc0.770.790.82
55
Real Estate

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Diversification Analysis

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