Looking to diversify beyond HDLG.L? The ETFs below have the lowest correlation with HDLG.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 HDLG.L.
Best Diversifiers for HDLG.L
41 ETFs have low correlation with HDLG.L (below 0.3), 12 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) (Technology Equities) with a 1Y correlation of -0.22, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | -0.22 | -0.03 | 0.14 | 68 | Technology Equities, S&P 500 | HDLG.L vs IUIT.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | -0.22 | -0.03 | 0.15 | 70 | Technology Equities | HDLG.L vs XLKS.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | -0.22 | -0.03 | 0.15 | 73 | Technology Equities | HDLG.L vs XLKQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | -0.22 | -0.05 | 0.10 | 73 | Nasdaq-100 | HDLG.L vs EQGB.L | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.21 | -0.02 | 0.15 | 70 | Technology Equities, S&P 500 | HDLG.L vs IITU.L |
See all 50 diversifiers for HDLG.L
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Diversification Analysis
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