Looking to diversify beyond GBP5.L? The ETFs below have the lowest correlation with GBP5.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 GBP5.L.
Best Diversifiers for GBP5.L
7 ETFs have low correlation with GBP5.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.30, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.30 | -0.11 | -0.13 | 64 | Commodities | GBP5.L vs BCOG.L | |
| L&G Artificial Intelligence UCITS ETF | 0.22 | 0.21 | 0.17 | 82 | Technology Equities | GBP5.L vs AIAG.L | |
| L&G Russell 2000 US Small Cap UCITS ETF | 0.25 | 0.23 | 0.18 | 75 | Small Cap Blend Equities | GBP5.L vs RTWP.L | |
| SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF | 0.26 | 0.30 | 0.26 | 57 | European Corporate Bonds | GBP5.L vs SEUC.L | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.27 | 0.27 | 0.21 | 78 | Europe Equities | GBP5.L vs LDEG.L |
See all 10 diversifiers for GBP5.L
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