Looking to diversify beyond IBGM.L? The ETFs below have the lowest correlation with IBGM.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 IBGM.L.
Best Diversifiers for IBGM.L
10 ETFs have low correlation with IBGM.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of 0.05, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.05 | 0.06 | 0.07 | 99 | Ultrashort Bond | IBGM.L vs ERNS.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.07 | -0.00 | 0.02 | 68 | Technology Equities, S&P 500 | IBGM.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.08 | -0.01 | 0.00 | 63 | Technology Equities, S&P 500 | IBGM.L vs IUIT.L | |
| iShares NASDAQ 100 UCITS ETF | 0.13 | 0.04 | 0.04 | 71 | Nasdaq-100 | IBGM.L vs CNDX.L | |
| iShares Core S&P 500 UCITS ETF | 0.19 | 0.09 | 0.05 | 83 | S&P 500 | IBGM.L vs CSP1.L |
See all 10 diversifiers for IBGM.L
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Diversification Analysis
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