PortfoliosLab logoPortfoliosLab logo

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.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
L&G Healthcare Breakthrough UCITS ETF0.510.510.57
58
Health & Biotech EquitiesBIOG.L vs DOCG.L

Rows per page

1–1 of 1

Diversification Analysis

Build a portfolio that complements BIOG.L

Add BIOG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with BIOG.L