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
12 ETFs have low correlation with IGDA.L (below 0.3), 6 of which are negatively correlated. The least correlated is Invesco S&P World Energy Targeted & Screened UCITS ETF Acc (WDEE.L) (Energy Equities) with a 1Y correlation of -0.13, down from 0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P World Energy Targeted & Screened UCITS... | -0.13 | 0.16 | — | 56 | Energy Equities | IGDA.L vs WDEE.L | |
| Invesco Bloomberg Commodity UCITS ETF Acc | -0.12 | 0.04 | — | 54 | Commodities | IGDA.L vs CMOP.L | |
| Invesco Bloomberg Commodity UCITS ETF | -0.08 | 0.10 | — | 58 | Commodities | IGDA.L vs CMOD.L | |
| Invesco USD AAA CLO UCITS ETF Acc | -0.04 | — | — | 98 | CLO, Bank Loan | IGDA.L vs ICLU.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | -0.03 | 0.16 | — | 61 | Utilities Equities, Global Equities | IGDA.L vs INFR.L |
See all 113 diversifiers for IGDA.L
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