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
2 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 0.08, roughly unchanged 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 | 0.08 | 0.18 | 0.17 | 81 | Commodities | HYEA.L vs WCOB.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.28 | 0.29 | 0.36 | 69 | High Yield Bonds | HYEA.L vs JHYP.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.31 | 0.29 | 0.35 | 58 | High Yield Bonds | HYEA.L vs WIGG.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.34 | 0.41 | 0.52 | 52 | High Yield Bonds | HYEA.L vs STHE.L | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR (C... | 0.40 | 0.44 | 0.49 | 80 | Emerging Markets Equities | HYEA.L vs AEME.L |
See all 29 diversifiers for HYEA.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HYEA.L
Add HYEA.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HYEA.L