Looking to diversify beyond HIGH.L? The ETFs below have the lowest correlation with HIGH.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 HIGH.L.
Best Diversifiers for HIGH.L
1 ETFs have low correlation with HIGH.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) (Utilities Equities) with a 1Y correlation of 0.21, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Utilities UCITS ETF | 0.21 | 0.29 | 0.37 | 57 | Utilities Equities | HIGH.L vs UTIL.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.43 | 0.37 | 0.44 | 70 | Technology Equities, S&P 500 | HIGH.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.45 | 0.39 | 0.46 | 68 | Technology Equities, S&P 500 | HIGH.L vs IUIT.L | |
| iShares NASDAQ 100 UCITS ETF | 0.53 | 0.45 | 0.50 | 75 | Nasdaq-100 | HIGH.L vs CNDX.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.53 | 0.47 | 0.46 | 78 | Emerging Markets Equities | HIGH.L vs EIMI.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HIGH.L
Add HIGH.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HIGH.L