Looking to balance out your exposure to BYG.L? The ETFs below have the lowest correlation with BYG.L — they tend to move on their own, which can help reduce risk when BYG.L drops. The stock ideas table highlights individual companies that behave independently from BYG.L.
No Diversifiers Found for BYG.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BYG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BYG.L and solid risk/return profiles. The least correlated is LondonMetric Property plc (LMP.L) (Real Estate) with a 1Y correlation of 0.66, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| LondonMetric Property plc | 0.66 | 0.71 | 0.75 | 55 | Real Estate |
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