Looking to balance out your exposure to BNC.L? The ETFs below have the lowest correlation with BNC.L — they tend to move on their own, which can help reduce risk when BNC.L drops. The stock ideas table highlights individual companies that behave independently from BNC.L.
Best Diversifiers for BNC.L
0 ETFs have low correlation with BNC.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.L) (S&P 500) with a 1Y correlation of 0.37, up from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.37 | 0.19 | 0.23 | 82 | S&P 500 | BNC.L vs VUSA.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BNC.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BNC.L and solid risk/return profiles. The least correlated is Banco Bilbao Vizcaya Argentaria S.A (BVA.L) (Financial Services) with a 1Y correlation of 0.47, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Banco Bilbao Vizcaya Argentaria S.A | 0.47 | 0.43 | 0.49 | 77 | Financial Services | |
| Barclays plc | 0.69 | 0.55 | 0.55 | 77 | Financial Services |
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