Looking to diversify beyond HLQD.L? The ETFs below have the lowest correlation with HLQD.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 HLQD.L.
Best Diversifiers for HLQD.L
10 ETFs have low correlation with HLQD.L (below 0.3), 3 of which are negatively correlated. The least correlated is iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP Hedged (Dist) (SGSU.L) (Global Bonds) with a 1Y correlation of -0.12, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | -0.12 | -0.15 | -0.16 | 94 | Global Bonds | HLQD.L vs SGSU.L | |
| iShares J.P. Morgan $ EM Bond UCITS ETF GBP Hedged... | -0.09 | -0.20 | -0.17 | 66 | Emerging Markets Bonds, Government Bonds | HLQD.L vs EMHG.L | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | -0.02 | 0.03 | 0.04 | 56 | Global Bonds | HLQD.L vs IRCP.L | |
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | 0.12 | 0.09 | 0.17 | 64 | Emerging Markets Bonds, Government Bonds | HLQD.L vs CYGB.L | |
| iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (... | 0.14 | 0.13 | 0.21 | 59 | Emerging Markets Bonds, Corporate Bonds | HLQD.L vs EMCR.L |
See all 17 diversifiers for HLQD.L
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