Looking to diversify beyond DAGB.L? The ETFs below have the lowest correlation with DAGB.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 DAGB.L.
Best Diversifiers for DAGB.L
3 ETFs have low correlation with DAGB.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.05, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.05 | 0.20 | 0.24 | 91 | Global Equities, Dividend | DAGB.L vs TDGB.L | |
| VanEck J.P. Morgan EM Local Currency Bond UCITS ET... | 0.13 | 0.06 | 0.07 | 54 | Emerging Markets Bonds | DAGB.L vs EMGB.L | |
| iShares Physical Silver ETC | 0.19 | 0.17 | 0.18 | 56 | Silver, Precious Metals | DAGB.L vs SSLN.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.33 | 0.36 | — | 90 | Technology Equities | DAGB.L vs KARP.L | |
| VanEck S&P Global Mining UCITS ETF | 0.35 | 0.31 | 0.34 | 67 | Materials | DAGB.L vs GDIG.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DAGB.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DAGB.L and solid risk/return profiles. The least correlated is Games Workshop Group plc (GAW.L) (Consumer Cyclical) with a 1Y correlation of 0.10, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Games Workshop Group plc | 0.10 | 0.19 | 0.26 | 68 | Consumer Cyclical |
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