Looking to diversify beyond IGL5.L? The ETFs below have the lowest correlation with IGL5.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 IGL5.L.
Best Diversifiers for IGL5.L
23 ETFs have low correlation with IGL5.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (CMFP.L) (Commodities) with a 1Y correlation of -0.33, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.33 | -0.16 | -0.16 | 69 | Commodities | IGL5.L vs CMFP.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.03 | 0.00 | — | 70 | Technology Equities, S&P 500 | IGL5.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.06 | 0.02 | — | 68 | Technology Equities, S&P 500 | IGL5.L vs IUIT.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.09 | 0.07 | — | 99 | Money Market | IGL5.L vs CSH2.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.13 | 0.04 | — | 78 | Nasdaq-100 | IGL5.L vs EQQQ.L |
See all 25 diversifiers for IGL5.L
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