Looking to balance out your exposure to BIOG.L? The ETFs below have the lowest correlation with BIOG.L — they tend to move on their own, which can help reduce risk when BIOG.L drops. The stock ideas table highlights individual companies that behave independently from BIOG.L.
Best Diversifiers for BIOG.L
0 ETFs have low correlation with BIOG.L (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Healthcare Breakthrough UCITS ETF (DOCG.L) (Health & Biotech Equities) with a 1Y correlation of 0.51, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Healthcare Breakthrough UCITS ETF | 0.51 | 0.51 | 0.57 | 58 | Health & Biotech Equities | BIOG.L vs DOCG.L |
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