Looking to diversify beyond HYFC.L? The ETFs below have the lowest correlation with HYFC.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 HYFC.L.
Best Diversifiers for HYFC.L
1 ETFs have low correlation with HYFC.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Short Duration High Yield Corporate Bond UCITS ETF (SDHG.L) (High Yield Bonds) with a 1Y correlation of 0.28, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Short Duration High Yield Corporate Bo... | 0.28 | 0.42 | 0.48 | 61 | High Yield Bonds | HYFC.L vs SDHG.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.40 | 0.48 | 0.55 | 65 | High Yield Bonds | HYFC.L vs JGYH.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.43 | 0.50 | — | 64 | High Yield Bonds | HYFC.L vs RISE.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.43 | 0.39 | — | 73 | Technology Equities | HYFC.L vs XLKQ.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.45 | 0.48 | — | 52 | High Yield Bonds | HYFC.L vs STHE.L |
See all 25 diversifiers for HYFC.L
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