Looking to diversify beyond GHYU.L? The ETFs below have the lowest correlation with GHYU.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 GHYU.L.
Best Diversifiers for GHYU.L
6 ETFs have low correlation with GHYU.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of 0.03, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.03 | 0.00 | 0.00 | 99 | Money Market | GHYU.L vs CSH2.L | |
| Amundi FTSE 100 UCITS ETF | 0.16 | 0.26 | 0.23 | 55 | Europe Equities | GHYU.L vs 100D.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.21 | 0.23 | 0.29 | 69 | High Yield Bonds | GHYU.L vs JHYP.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.24 | 0.20 | 0.18 | 55 | Financials Equities | GHYU.L vs BNKE.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.28 | 0.25 | 0.31 | 58 | High Yield Bonds | GHYU.L vs WIGG.L |
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