Looking to diversify beyond IGDA.L? The ETFs below have the lowest correlation with IGDA.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 IGDA.L.
Best Diversifiers for IGDA.L
4 ETFs have low correlation with IGDA.L (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco USD AAA CLO UCITS ETF Acc | -0.04 | — | — | 97 | CLO, Bank Loan | IGDA.L vs ICLU.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.01 | 0.17 | 0.35 | 65 | Utilities Equities, Global Equities | IGDA.L vs INFR.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | 0.28 | 0.25 | — | 98 | Short-Term Bond | IGDA.L vs TIGB.L | |
| Invesco US High Yield Fallen Angels UCITS ETF Dist | 0.29 | 0.30 | 0.32 | 57 | High Yield Bonds | IGDA.L vs FAHY.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.32 | 0.43 | 0.53 | 93 | Global Equities, Dividend | IGDA.L vs TDGB.L |
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