Looking to balance out your exposure to EGL.L? The ETFs below have the lowest correlation with EGL.L — they tend to move on their own, which can help reduce risk when EGL.L drops. The stock ideas table highlights individual companies that behave independently from EGL.L.
No Diversifiers Found for EGL.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 EGL.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EGL.L and solid risk/return profiles. The least correlated is Aberforth Smaller Companies Trust plc (ASL.L) (Financial Services) with a 1Y correlation of 0.16, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Aberforth Smaller Companies Trust plc | 0.16 | 0.20 | 0.23 | 60 | Financial Services |
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