Looking to diversify beyond BYBG.L? The ETFs below have the lowest correlation with BYBG.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 BYBG.L.
Best Diversifiers for BYBG.L
3 ETFs have low correlation with BYBG.L (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.07, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.07 | -0.04 | -0.04 | 99 | Money Market | BYBG.L vs CSH2.L | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.18 | 0.43 | 0.46 | 51 | Energy Equities, S&P 500 | BYBG.L vs IUES.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.29 | 0.31 | 0.41 | 77 | Financials Equities | BYBG.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | 0.43 | 0.47 | 0.54 | 68 | Europe Equities | BYBG.L vs 100D.L | |
| Amundi Nasdaq-100 UCITS USD | 0.43 | 0.50 | 0.58 | 63 | Nasdaq-100 | BYBG.L vs ANXU.L |
See all 55 diversifiers for BYBG.L
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Diversification Analysis
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