Looking to balance out your exposure to BPCR.L? The ETFs below have the lowest correlation with BPCR.L — they tend to move on their own, which can help reduce risk when BPCR.L drops. The stock ideas table highlights individual companies that behave independently from BPCR.L.
Best Diversifiers for BPCR.L
1 ETFs have low correlation with BPCR.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L) (High Yield Bonds) with a 1Y correlation of 0.06, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD High Yield Corporate Bond UCITS ETF US... | 0.06 | 0.07 | 0.06 | 60 | High Yield Bonds | BPCR.L vs IHYA.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BPCR.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BPCR.L and solid risk/return profiles. The least correlated is Blackrock World Mining Trust plc (BRWM.L) (Financial Services) with a 1Y correlation of 0.07, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Blackrock World Mining Trust plc | 0.07 | 0.07 | 0.08 | 92 | Financial Services |
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