Looking to diversify beyond HYGB.L? The ETFs below have the lowest correlation with HYGB.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 HYGB.L.
Best Diversifiers for HYGB.L
6 ETFs have low correlation with HYGB.L (below 0.3), 2 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) (Rare Earth & Strategic Metals) with a 1Y correlation of -0.10, roughly unchanged from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals UCITS ETF A | -0.10 | -0.07 | — | 52 | Rare Earth & Strategic Metals | HYGB.L vs REGB.L | |
| PIMCO Advantage US Short-Term High Yield Corporate... | -0.09 | -0.12 | -0.12 | 80 | High Yield Bonds | HYGB.L vs STHS.L | |
| JPMorgan ETFs (Ireland) ICAV Global High Yield Cor... | 0.04 | 0.11 | 0.18 | 66 | High Yield Bonds | HYGB.L vs JGHY.L | |
| VanEck Semiconductor UCITS ETF | 0.07 | 0.06 | 0.04 | 95 | Semiconductors, Technology Equities | HYGB.L vs SMGB.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.09 | 0.08 | 0.11 | 95 | Global Equities, Dividend | HYGB.L vs TDGB.L |
See all 17 diversifiers for HYGB.L
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