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
5 ETFs have low correlation with BYBG.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.07, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.07 | -0.03 | -0.03 | 99 | Money Market | BYBG.L vs CSH2.L | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.25 | 0.48 | 0.48 | 60 | Energy Equities, S&P 500 | BYBG.L vs IUES.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.27 | 0.33 | 0.41 | 55 | Financials Equities | BYBG.L vs BNKE.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.29 | 0.39 | 0.50 | 70 | Technology Equities, S&P 500 | BYBG.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.29 | 0.39 | 0.50 | 68 | Technology Equities, S&P 500 | BYBG.L vs IUIT.L |
See all 59 diversifiers for BYBG.L
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Diversification Analysis
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