Looking to diversify beyond BIOT.L? The ETFs below have the lowest correlation with BIOT.L — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from BIOT.L.
Best Diversifiers for BIOT.L
3 ETFs have low correlation with BIOT.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF - USD Accumulating ETF (BCOM.L) (Commodities) with a 1Y correlation of -0.16, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF - USD Accumulating E... | -0.16 | -0.01 | 0.10 | 59 | Commodities | BIOT.L vs BCOM.L | |
| L&G Cyber Security UCITS ETF | 0.15 | 0.30 | 0.45 | 53 | Cybersecurity | BIOT.L vs ISPY.L | |
| L&G Emerging Markets Corporate Bond (USD) Screened... | 0.29 | 0.31 | — | 63 | Emerging Markets Bonds, Corporate Bonds, ESG | BIOT.L vs EMAU.L | |
| L&G Hydrogen Economy UCITS ETF | 0.34 | 0.45 | 0.53 | 68 | Alternative Energy Equities | BIOT.L vs HTWG.L | |
| L&G Emerging Markets Quality Dividends Equal Weigh... | 0.35 | 0.33 | 0.35 | 73 | Emerging Markets Equities | BIOT.L vs LDME.L |
See all 19 diversifiers for BIOT.L
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Diversification Analysis
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