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
3 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 0.17, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.17 | 0.35 | 0.34 | 94 | Global Equities, Dividend | ESGB.L vs TDGB.L | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.23 | 0.34 | 0.41 | 89 | Rare Earth & Strategic Metals | ESGB.L vs REGB.L | |
| iShares FTSE 100 UCITS ETF | 0.27 | 0.36 | 0.36 | 73 | ESGB.L vs CUKX.L | ||
| VanEck Space Innovators UCITS ETF | 0.31 | 0.42 | — | 74 | Industrials Equities | ESGB.L vs JEDG.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.31 | 0.45 | 0.52 | 93 | Technology Equities | ESGB.L vs KARP.L |
See all 33 diversifiers for ESGB.L
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