Looking to diversify beyond LEGR.L? The ETFs below have the lowest correlation with LEGR.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 LEGR.L.
Best Diversifiers for LEGR.L
0 ETFs have low correlation with LEGR.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust NYSE Arca Biotechnology UCITS ETF Acc (FBT.L) (Health & Biotech Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust NYSE Arca Biotechnology UCITS ETF Acc | 0.41 | 0.31 | 0.37 | 56 | Health & Biotech Equities | LEGR.L vs FBT.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.42 | 0.51 | — | 90 | Technology Equities | LEGR.L vs KARP.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.53 | 0.55 | — | 91 | Technology Equities | LEGR.L vs VPNG.L | |
| First Trust US IPO Index UCITS ETF | 0.58 | 0.58 | 0.65 | 54 | Large Cap Growth Equities | LEGR.L vs FPX.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.60 | 0.58 | 0.65 | 70 | Technology Equities, S&P 500 | LEGR.L vs IITU.L |
See all 37 diversifiers for LEGR.L
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