Looking to diversify beyond LDAP.L? The ETFs below have the lowest correlation with LDAP.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 LDAP.L.
Best Diversifiers for LDAP.L
2 ETFs have low correlation with LDAP.L (below 0.3), 0 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF - USD Accumulating ETF (BCOM.L) (Commodities) with a 1Y correlation of 0.04, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF - USD Accumulating E... | 0.04 | 0.18 | 0.28 | 59 | Commodities | LDAP.L vs BCOM.L | |
| L&G Cyber Security UCITS ETF | 0.28 | 0.38 | 0.46 | 53 | Cybersecurity | LDAP.L vs ISPY.L | |
| L&G Emerging Markets Corporate Bond (USD) Screened... | 0.40 | 0.38 | — | 63 | Emerging Markets Bonds, Corporate Bonds, ESG | LDAP.L vs EMAU.L | |
| WisdomTree Japan Equity UCITS ETF USD Hedged Acc | 0.41 | 0.38 | 0.46 | 93 | Japan Equities, Asia Pacific Equities | LDAP.L vs DXJA.L | |
| L&G Pharma Breakthrough UCITS ETF - USD Accumulati... | 0.42 | 0.48 | 0.52 | 67 | Health & Biotech Equities | LDAP.L vs BIOT.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements LDAP.L
Add LDAP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LDAP.L