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
5 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 0.03, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | 0.03 | 0.16 | 0.16 | 70 | Commodities | HYEA.L vs WCOB.L | |
| iShares $ High Yield Corp Bond UCITS ETF GBP Hedge... | 0.20 | 0.23 | 0.32 | 68 | High Yield Bonds | HYEA.L vs IHHG.L | |
| iShares $ High Yield Corp Bond ESG SRI UCITS ETF G... | 0.20 | 0.25 | — | 53 | High Yield Bonds, Corporate Bonds, ESG | HYEA.L vs DHYG.L | |
| iShares Broad $ High Yield Corp Bond UCITS ETF | 0.22 | 0.26 | — | 64 | High Yield Bonds | HYEA.L vs HYSD.L | |
| iShares € High Yield Corp Bond ESG SRI UCITS ETF G... | 0.23 | 0.31 | 0.32 | 57 | High Yield Bonds | HYEA.L vs EHYG.L |
See all 33 diversifiers for HYEA.L
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Diversification Analysis
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