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iShares Global Government Bond UCITS (IGLO.L) Diversifiers

ETF · Currency in USD · Last updated Jun 5, 2026

The fund is an exchange traded fund (ETF) that aims to track the performance of the Citigroup Group-of-Seven (G7) Index as closely as possible. The ETF invests in physical index securities. The Citigroup Group-of-Seven (G7) Index offers exposure to government bonds from G7 countries: Canada, France, Germany, Italy, Japan, United Kingdom and United States. Only investment grade bonds with a minimum remaining time to maturity of one year are included in the index. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.

Looking to diversify beyond IGLO.L? The ETFs below have the lowest correlation with IGLO.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 IGLO.L.

Best Diversifiers for IGLO.L

10 ETFs have low correlation with IGLO.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of 0.01, roughly unchanged from 0.05 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ERNS.L
iShares £ Ultrashort Bond UCITS ETF GBP (Dist)0.010.040.05
98
Ultrashort BondIGLO.L vs ERNS.L
VDPG.L
Vanguard FTSE Developed Asia Pacific ex Japan UCIT...0.080.070.00
95
Asia Pacific EquitiesIGLO.L vs VDPG.L
CSUK.L
iShares MSCI UK UCITS ETF (Acc)0.120.13-0.04
54
Europe EquitiesIGLO.L vs CSUK.L
IITU.L
iShares S&P 500 Information Technology Sector UCIT...0.120.060.09
70
Technology Equities, S&P 500IGLO.L vs IITU.L
IUIT.L
iShares S&P 500 Information Technology Sector UCIT...0.170.090.11
68
Technology Equities, S&P 500IGLO.L vs IUIT.L
See all 19 diversifiers for IGLO.L

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Diversification Analysis

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