Looking to diversify beyond DGRP.L? The ETFs below have the lowest correlation with DGRP.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 DGRP.L.
Best Diversifiers for DGRP.L
1 ETFs have low correlation with DGRP.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Physical Silver (PHSP.L) (Silver) with a 1Y correlation of 0.10, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Physical Silver | 0.10 | 0.04 | 0.02 | 56 | Silver, Precious Metals | DGRP.L vs PHSP.L | |
| Xtrackers MSCI USA ESG UCITS ETF 1D | 0.33 | 0.35 | — | 94 | Large Cap Blend Equities | DGRP.L vs XZMD.L | |
| iShares UK Dividend UCITS ETF | 0.35 | 0.33 | 0.36 | 61 | Dividend | DGRP.L vs IUKD.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.49 | 0.59 | 0.59 | 91 | Technology Equities | DGRP.L vs INTL.L | |
| Lyxor UCITS Dow Jones Industrial Average D-EUR | 0.54 | 0.55 | 0.62 | 75 | Large Cap Blend Equities | DGRP.L vs DJEU.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DGRP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DGRP.L and solid risk/return profiles. The least correlated is JP Morgan Global Growth & Income plc (JGGI.L) (Financial Services) with a 1Y correlation of 0.64, roughly unchanged from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JP Morgan Global Growth & Income plc | 0.64 | 0.71 | 0.66 | 76 | Financial Services |
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