Looking to diversify beyond IGLA.L? The ETFs below have the lowest correlation with IGLA.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 IGLA.L.
Best Diversifiers for IGLA.L
6 ETFs have low correlation with IGLA.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist (FGOV.L) (Global Bonds) with a 1Y correlation of 0.05, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Low Duration Global Government Bond UC... | 0.05 | 0.18 | 0.24 | 65 | Global Bonds | IGLA.L vs FGOV.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.10 | 0.06 | 0.11 | 70 | Technology Equities, S&P 500 | IGLA.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.13 | 0.08 | 0.13 | 68 | Technology Equities, S&P 500 | IGLA.L vs IUIT.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.14 | 0.14 | 0.20 | 100 | Government Bonds, Ultrashort Bond | IGLA.L vs IB01.L | |
| iShares NASDAQ 100 UCITS ETF | 0.22 | 0.15 | 0.17 | 75 | Nasdaq-100 | IGLA.L vs CNDX.L |
See all 12 diversifiers for IGLA.L
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