Looking to diversify beyond HYEA.L? The ETFs below have the lowest correlation with HYEA.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 HYEA.L.
Best Diversifiers for HYEA.L
1 ETFs have low correlation with HYEA.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) (Commodities) with a 1Y correlation of 0.06, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | 0.06 | 0.17 | 0.17 | 66 | Commodities | HYEA.L vs WCOB.L | |
| iShares Global High Yield Corp Bond UCITS ETF GBP ... | 0.32 | 0.29 | 0.36 | 54 | High Yield Bonds | HYEA.L vs GHYG.L | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR (C... | 0.39 | 0.44 | 0.49 | 75 | Emerging Markets Equities | HYEA.L vs AEME.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.40 | 0.35 | 0.29 | 70 | Government Bonds, Ultrashort Bond | HYEA.L vs USFR.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.40 | 0.47 | 0.51 | 63 | High Yield Bonds | HYEA.L vs WIGG.L |
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