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Finsbury Growth & Income Trust (FGT.L) Diversifiers

Equity · Currency in GBp · Last updated Jun 5, 2026

Finsbury Growth & Income Trust plc is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the FTSE All-Share Index. The fund was formerly known as Finsbury Growth Trust plc. Finsbury Growth & Income Trust plc was formed in 1926 and is domiciled in the United Kingdom.

Looking to balance out your exposure to FGT.L? The ETFs below have the lowest correlation with FGT.L — they tend to move on their own, which can help reduce risk when FGT.L drops. The stock ideas table highlights individual companies that behave independently from FGT.L.

Best Diversifiers for FGT.L

0 ETFs have low correlation with FGT.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI World UCITS ETF (HMWO.L) (Global Equities) with a 1Y correlation of 0.30, down from 0.53 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HMWO.L
HSBC MSCI World UCITS ETF0.300.460.53
78
Global EquitiesFGT.L vs HMWO.L
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)0.310.470.53
83
Global EquitiesFGT.L vs SWDA.L
IUKD.L
iShares UK Dividend UCITS ETF0.370.520.53
61
DividendFGT.L vs IUKD.L
VUKE.L
Vanguard FTSE 100 UCITS ETF Distributing0.410.580.60
56
Europe EquitiesFGT.L vs VUKE.L
100D.L
Amundi FTSE 100 UCITS ETF0.430.580.60
55
Europe EquitiesFGT.L vs 100D.L
See all 6 diversifiers for FGT.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FGT.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FGT.L and solid risk/return profiles. The least correlated is Law Debenture Corp (LWDB.L) (Financial Services) with a 1Y correlation of 0.37, down from 0.53 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
LWDB.L
Law Debenture Corp0.370.490.53
83
Financial Services
CTY.L
The City of London Investment Trust plc0.440.570.61
80
Financial Services

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Diversification Analysis

Build a portfolio that complements FGT.L

Add FGT.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FGT.L