Looking to balance out your exposure to IHG.L? The ETFs below have the lowest correlation with IHG.L — they tend to move on their own, which can help reduce risk when IHG.L drops. The stock ideas table highlights individual companies that behave independently from IHG.L.
Best Diversifiers for IHG.L
1 ETFs have low correlation with IHG.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 0.09, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.09 | 0.04 | 0.05 | 98 | Ultrashort Bond | IHG.L vs ERNS.L |
Diversification Analysis
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