Looking to balance out your exposure to BIOG.L? The ETFs below have historically moved differently from BIOG.L, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.50, roughly unchanged from 0.57 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Healthcare Breakthrough UCITS ETF | 0.50 | 0.51 | 0.57 | 63 | Health & Biotech Equities | BIOG.L vs DOCG.L |
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