Looking to diversify beyond EGOV.L? The ETFs below have the lowest correlation with EGOV.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 EGOV.L.
Best Diversifiers for EGOV.L
10 ETFs have low correlation with EGOV.L (below 0.3), 2 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of -0.12, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.12 | -0.00 | 0.03 | 71 | Commodities | EGOV.L vs UC15.L | |
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | -0.09 | -0.15 | -0.20 | 79 | S&P 500 | EGOV.L vs 5ESG.L | |
| First Trust Low Duration Global Government Bond UC... | 0.15 | 0.21 | 0.24 | 65 | Global Bonds | EGOV.L vs FGOV.L | |
| UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (US... | 0.15 | 0.06 | 0.05 | 70 | Large Cap Blend Equities | EGOV.L vs UC99.L | |
| UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis | 0.17 | 0.15 | 0.15 | 85 | S&P 500 | EGOV.L vs S5SD.L |
See all 10 diversifiers for EGOV.L
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Diversification Analysis
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