Looking to diversify beyond DGRG.L? The ETFs below have the lowest correlation with DGRG.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 DGRG.L.
Best Diversifiers for DGRG.L
2 ETFs have low correlation with DGRG.L (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) (Commodities) with a 1Y correlation of -0.06, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.06 | 0.11 | 0.15 | 66 | Commodities | DGRG.L vs WCOB.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.29 | 0.29 | 0.22 | 70 | Government Bonds, Ultrashort Bond | DGRG.L vs USFR.L | |
| iShares UK Dividend UCITS ETF | 0.35 | 0.32 | 0.35 | 74 | Dividend | DGRG.L vs IUKD.L | |
| WisdomTree Emerging Markets ex-State-Owned Enterpr... | 0.38 | 0.41 | 0.42 | 82 | Emerging Markets Equities | DGRG.L vs XSOP.L | |
| Global X SuperDividend UCITS ETF USD Distributing | 0.42 | 0.43 | 0.42 | 85 | Dividend | DGRG.L vs SDIP.L |
See all 81 diversifiers for DGRG.L
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Diversification Analysis
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