Looking to diversify beyond ETRA.L? The ETFs below have the lowest correlation with ETRA.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 ETRA.L.
Best Diversifiers for ETRA.L
3 ETFs have low correlation with ETRA.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Russell 2000 US Small Cap Quality UCITS ETF US... | 0.12 | — | — | 67 | Small Cap Blend Equities | ETRA.L vs RTWO.L | |
| L&G Hydrogen Economy UCITS ETF | 0.14 | — | — | 92 | Alternative Energy Equities | ETRA.L vs HTWG.L | |
| L&G Global Equity UCITS ETF | 0.25 | — | — | 68 | Global Equities | ETRA.L vs LGGL.L | |
| VanEck S&P Global Mining UCITS ETF | 0.44 | 0.46 | 0.46 | 67 | Materials | ETRA.L vs GDIG.L | |
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | 0.48 | — | — | 61 | Commodities | ETRA.L vs ENCG.L |
See all 28 diversifiers for ETRA.L
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