Looking to diversify beyond LGGL.L? The ETFs below have the lowest correlation with LGGL.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 LGGL.L.
Best Diversifiers for LGGL.L
6 ETFs have low correlation with LGGL.L (below 0.3), 3 of which are negatively correlated. The least correlated is State Street SPDR MSCI World Energy UCITS ETF USD (Acc) (WNRG.L) (Global Equities) with a 1Y correlation of -0.12, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR MSCI World Energy UCITS ETF USD ... | -0.12 | 0.18 | 0.34 | 66 | Global Equities, Energy Equities | LGGL.L vs WNRG.L | |
| L&G Multi-Strategy Enhanced Commodities UCITS ETF ... | -0.12 | 0.06 | — | 57 | Commodities | LGGL.L vs ENCO.L | |
| L&G All Commodities UCITS ETF - USD Accumulating E... | -0.09 | 0.08 | 0.20 | 64 | Commodities | LGGL.L vs BCOM.L | |
| L&G Longer Dated All Commodities UCITS ETF | 0.02 | 0.13 | 0.23 | 63 | Commodities | LGGL.L vs COMF.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.05 | 0.27 | 0.39 | 70 | Utilities Equities, Global Equities | LGGL.L vs INFR.L |
See all 137 diversifiers for LGGL.L
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Diversification Analysis
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