Looking to diversify beyond ESGB.L? The ETFs below have the lowest correlation with ESGB.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 ESGB.L.
Best Diversifiers for ESGB.L
4 ETFs have low correlation with ESGB.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.18, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.18 | 0.36 | 0.33 | 91 | Global Equities, Dividend | ESGB.L vs TDGB.L | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.23 | 0.35 | — | 89 | Precious Metals | ESGB.L vs REGB.L | |
| Amundi ETF MSCI Europe Energy UCITS ETF | 0.26 | 0.41 | 0.28 | 95 | Energy Equities | ESGB.L vs ANRJ.L | |
| VanEck Space Innovators UCITS ETF | 0.30 | 0.41 | — | 95 | Industrials Equities | ESGB.L vs JEDG.L | |
| iShares FTSE 100 UCITS ETF | 0.31 | 0.41 | 0.40 | 56 | ESGB.L vs CUKX.L |
See all 35 diversifiers for ESGB.L
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