Looking to diversify beyond BYBU.L? The ETFs below have the lowest correlation with BYBU.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 BYBU.L.
Best Diversifiers for BYBU.L
3 ETFs have low correlation with BYBU.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.L) (Energy Equities) with a 1Y correlation of 0.07, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.07 | 0.31 | 0.41 | 52 | Energy Equities, S&P 500, Large Cap Value Equities | BYBU.L vs IESU.L | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.12 | 0.37 | 0.46 | 54 | Energy Equities, S&P 500 | BYBU.L vs IUES.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.23 | 0.20 | 0.28 | 99 | Money Market | BYBU.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.46 | 0.47 | 0.55 | 75 | Financials Equities | BYBU.L vs BNKE.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.47 | 0.65 | 0.72 | 64 | S&P 500, Large Cap Value Equities | BYBU.L vs PQVG.L |
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