Looking to diversify beyond LGAP.L? The ETFs below have the lowest correlation with LGAP.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 LGAP.L.
Best Diversifiers for LGAP.L
2 ETFs have low correlation with LGAP.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 0.01, down from 0.31 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... | 0.01 | 0.19 | 0.31 | 59 | Commodities | LGAP.L vs BCOM.L | |
| L&G Cyber Security UCITS ETF | 0.26 | 0.41 | 0.50 | 53 | Cybersecurity | LGAP.L vs ISPY.L | |
| L&G Emerging Markets Corporate Bond (USD) Screened... | 0.44 | 0.41 | — | 63 | Emerging Markets Bonds, Corporate Bonds, ESG | LGAP.L vs EMAU.L | |
| L&G Pharma Breakthrough UCITS ETF - USD Accumulati... | 0.48 | 0.54 | 0.58 | 67 | Health & Biotech Equities | LGAP.L vs BIOT.L | |
| WisdomTree Japan Equity UCITS ETF USD Hedged Acc | 0.50 | 0.44 | 0.50 | 93 | Japan Equities, Asia Pacific Equities | LGAP.L vs DXJA.L |
See all 26 diversifiers for LGAP.L
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Diversification Analysis
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