Looking to diversify beyond EQSG.L? The ETFs below have the lowest correlation with EQSG.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 EQSG.L.
Best Diversifiers for EQSG.L
2 ETFs have low correlation with EQSG.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.05, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.05 | -0.05 | -0.03 | 99 | Money Market | EQSG.L vs CSH2.L | |
| iShares FTSE 100 UCITS ETF | 0.29 | 0.31 | 0.36 | 56 | EQSG.L vs CUKX.L | ||
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.35 | 0.41 | 0.49 | 86 | Global Equities | EQSG.L vs VHYG.L | |
| Invesco European Banks Sector UCITS ETF | 0.39 | 0.28 | 0.30 | 56 | Financials Equities | EQSG.L vs X7PP.L | |
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.40 | 0.37 | 0.35 | 79 | Emerging Markets Equities | EQSG.L vs HDEM.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EQSG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EQSG.L and solid risk/return profiles. The least correlated is Coca Cola HBC AG (CCH.L) (Consumer Defensive) with a 1Y correlation of -0.08, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca Cola HBC AG | -0.08 | -0.00 | 0.12 | 54 | Consumer Defensive |
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