Looking to diversify beyond ESGG.L? The ETFs below have the lowest correlation with ESGG.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 ESGG.L.
Best Diversifiers for ESGG.L
0 ETFs have low correlation with ESGG.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 0.42, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.42 | 0.45 | 0.39 | 91 | Global Equities, Dividend | ESGG.L vs TDGB.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.59 | 0.52 | 0.44 | 65 | Alternative Energy Equities, Global Equities | ESGG.L vs CHRG.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.64 | 0.62 | 0.52 | 86 | Global Equities | ESGG.L vs VHYG.L | |
| L&G Battery Value-Chain UCITS ETF | 0.65 | 0.57 | 0.47 | 95 | Alternative Energy Equities, Global Equities | ESGG.L vs BATG.L | |
| Scottish Mortgage Investment Trust plc | 0.65 | 0.61 | 0.48 | 79 | Global Equities | ESGG.L vs SMT.L |
See all 26 diversifiers for ESGG.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ESGG.L
Add ESGG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESGG.L