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), 1 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (CMFP.L) (Commodities) with a 1Y correlation of -0.07, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.07 | 0.09 | 0.13 | 53 | Commodities | LGGG.L vs CMFP.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.10 | 0.30 | 0.44 | 65 | Utilities Equities, Global Equities | LGGG.L vs INFR.L | |
| L&G ESG Emerging Markets Government Bond (USD) 0-5... | 0.22 | 0.24 | 0.21 | 58 | Emerging Markets Bonds | LGGG.L vs EMDG.L | |
| L&G China CNY Bond UCITS ETF | 0.26 | 0.20 | 0.26 | 89 | Emerging Markets Bonds | LGGG.L vs DRGN.L | |
| L&G UK Gilt 0-5 Year UCITS ETF | 0.27 | 0.16 | 0.06 | 54 | European Government Bonds | LGGG.L vs UKG5.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 0.50, roughly unchanged from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The City of London Investment Trust plc | 0.50 | 0.49 | 0.55 | 81 | Financial Services |
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