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
4 ETFs have low correlation with GHYU.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi FTSE 100 UCITS ETF (100D.L) (Europe Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi FTSE 100 UCITS ETF | 0.17 | 0.26 | 0.24 | 68 | Europe Equities | GHYU.L vs 100D.L | |
| iShares $ High Yield Corp Bond ESG SRI UCITS ETF G... | 0.21 | 0.23 | — | 55 | High Yield Bonds, Corporate Bonds, ESG | GHYU.L vs DHYG.L | |
| Janus Henderson Haitong Asia ex-Japan High Yield C... | 0.23 | 0.18 | — | 73 | High Yield Bonds, Emerging Markets Bonds, ESG | GHYU.L vs TAHY.L | |
| iShares Broad $ High Yield Corp Bond UCITS ETF GBP... | 0.25 | 0.24 | — | 62 | High Yield Bonds, Corporate Bonds | GHYU.L vs HYSD.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.32 | 0.40 | 0.53 | 60 | High Yield Bonds | GHYU.L vs JGYH.L |
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