Looking to diversify beyond HYFA.L? The ETFs below have the lowest correlation with HYFA.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 HYFA.L.
Best Diversifiers for HYFA.L
1 ETFs have low correlation with HYFA.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) (Nasdaq-100) with a 1Y correlation of 0.13, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.13 | 0.10 | 0.15 | 73 | Nasdaq-100 | HYFA.L vs EQGB.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.30 | 0.26 | 0.29 | 58 | High Yield Bonds | HYFA.L vs WIGG.L | |
| Invesco FTSE All-World UCITS ETF USD Dist | 0.40 | — | — | 86 | Global Equities | HYFA.L vs FTWG.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.41 | 0.36 | 0.47 | 73 | Technology Equities | HYFA.L vs XLKQ.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.44 | 0.48 | 0.57 | 52 | High Yield Bonds | HYFA.L vs STHE.L |
See all 25 diversifiers for HYFA.L
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