Looking to diversify beyond EQGB.L? The ETFs below have the lowest correlation with EQGB.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 EQGB.L.
Best Diversifiers for EQGB.L
16 ETFs have low correlation with EQGB.L (below 0.3), 8 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.23, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.23 | -0.19 | -0.26 | 100 | Government Bonds, Ultrashort Bond | EQGB.L vs IB01.L | |
| Invesco USD AAA CLO UCITS ETF Acc | -0.22 | -0.17 | -0.17 | 98 | CLO, Bank Loan | EQGB.L vs ICLU.L | |
| Invesco Bloomberg Commodity UCITS ETF Acc | -0.14 | -0.07 | -0.04 | 54 | Commodities | EQGB.L vs CMOP.L | |
| Invesco S&P World Energy Targeted & Screened UCITS... | -0.09 | 0.12 | — | 56 | Energy Equities | EQGB.L vs WDEE.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.05 | -0.04 | -0.01 | 99 | Money Market | EQGB.L vs CSH2.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EQGB.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EQGB.L and solid risk/return profiles. The least correlated is Rolls-Royce Holdings PLC (RR.L) (Industrials) with a 1Y correlation of 0.43, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings PLC | 0.43 | 0.38 | 0.38 | 78 | Industrials | |
| JP Morgan Global Growth & Income plc | 0.63 | 0.62 | 0.59 | 75 | Financial Services |
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