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Looking to balance out your exposure to BBY.L? The ETFs below have the lowest correlation with BBY.L — they tend to move on their own, which can help reduce risk when BBY.L drops. The stock ideas table highlights individual companies that behave independently from BBY.L.

No Diversifiers Found for BBY.L


We do not have enough correlation history to rank diversifiers for this symbol yet.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BBY.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBY.L and solid risk/return profiles. The least correlated is Coca Cola HBC AG (CCH.L) (Consumer Defensive) with a 1Y correlation of 0.13, down from 0.27 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Coca Cola HBC AG0.130.200.27
54
Consumer Defensive
National Grid plc0.150.180.17
68
Utilities
International Consolidated Airlines Group S.A0.440.370.36
64
Industrials
Keller Group plc0.490.460.40
89
Industrials

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Diversification Analysis

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