Looking to diversify beyond LGGG.L? The ETFs below have the lowest correlation with LGGG.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 LGGG.L.
Best Diversifiers for LGGG.L
5 ETFs have low correlation with LGGG.L (below 0.3), 3 of which are negatively correlated. The least correlated is L&G Multi-Strategy Enhanced Commodities UCITS ETF (ENCG.L) (Commodities) with a 1Y correlation of -0.15, down from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.15 | 0.09 | — | 61 | Commodities | LGGG.L vs ENCG.L | |
| L&G All Commodities UCITS ETF | -0.14 | 0.06 | 0.11 | 64 | Commodities | LGGG.L vs BCOG.L | |
| L&G Longer Dated All Commodities UCITS ETF | -0.09 | 0.09 | 0.12 | 69 | Commodities | LGGG.L vs CMFP.L | |
| iShares Physical Silver ETC | 0.24 | 0.16 | 0.13 | 56 | Silver, Precious Metals | LGGG.L vs SSLN.L | |
| L&G China CNY Bond UCITS ETF | 0.24 | 0.20 | 0.26 | 85 | Emerging Markets Bonds | LGGG.L vs DRGN.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LGGG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LGGG.L and solid risk/return profiles. The least correlated is The City of London Investment Trust plc (CTY.L) (Financial Services) with a 1Y correlation of 0.52, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The City of London Investment Trust plc | 0.52 | 0.51 | 0.56 | 80 | Financial Services |
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