Looking to diversify beyond IGLN.L? The ETFs below have the lowest correlation with IGLN.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 IGLN.L.
Best Diversifiers for IGLN.L
154 ETFs have low correlation with IGLN.L (below 0.3), 7 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) (U03A.L) (Ultrashort Bond) with a 1Y correlation of -0.11, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-3 Month UCITS ETF USD ... | -0.11 | -0.07 | -0.07 | 99 | Ultrashort Bond | IGLN.L vs U03A.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | -0.09 | -0.09 | -0.05 | 97 | Corporate Bonds | IGLN.L vs FLOA.L | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.08 | 0.07 | — | 50 | Energy Equities | IGLN.L vs WENS.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.07 | 0.00 | 0.00 | 99 | Money Market | IGLN.L vs CSH2.L | |
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.07 | 0.09 | 0.04 | 51 | Energy Equities | IGLN.L vs ESIE.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IGLN.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IGLN.L and solid risk/return profiles. The least correlated is JP Morgan Global Growth & Income plc (JGGI.L) (Financial Services) with a 1Y correlation of 0.21, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JP Morgan Global Growth & Income plc | 0.21 | 0.19 | 0.16 | 74 | Financial Services |
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