Looking to diversify beyond LDME.L? The ETFs below have the lowest correlation with LDME.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 LDME.L.
Best Diversifiers for LDME.L
2 ETFs have low correlation with LDME.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 0.00, down from 0.18 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... | 0.00 | 0.17 | 0.18 | 59 | Commodities | LDME.L vs BCOM.L | |
| L&G Cyber Security UCITS ETF | 0.17 | 0.28 | 0.32 | 53 | Cybersecurity | LDME.L vs ISPY.L | |
| L&G Pharma Breakthrough UCITS ETF - USD Accumulati... | 0.36 | 0.38 | 0.42 | 67 | Health & Biotech Equities | LDME.L vs BIOT.L | |
| L&G Russell 2000 US Small Cap Quality UCITS ETF US... | 0.47 | 0.41 | 0.40 | 78 | Small Cap Blend Equities | LDME.L vs RTWO.L | |
| L&G Japan Equity UCITS ETF | 0.49 | 0.41 | 0.40 | 60 | Japan Equities | LDME.L vs LGJP.L |
See all 27 diversifiers for LDME.L
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Diversification Analysis
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