Looking to diversify beyond LGUG.L? The ETFs below have the lowest correlation with LGUG.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 LGUG.L.
Best Diversifiers for LGUG.L
8 ETFs have low correlation with LGUG.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.00, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.00 | 0.07 | 0.11 | 52 | Commodities | LGUG.L vs BCOG.L | |
| L&G Longer Dated All Commodities UCITS ETF | 0.00 | 0.12 | 0.14 | 56 | Commodities | LGUG.L vs CMFP.L | |
| L&G UK Gilt 0-5 Year UCITS ETF | 0.15 | 0.08 | 0.01 | 54 | European Government Bonds | LGUG.L vs UKG5.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.23 | 0.40 | 0.56 | 69 | Large Cap Blend Equities, Dividend | LGUG.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.26 | 0.41 | 0.54 | 53 | Large Cap Blend Equities, Dividend | LGUG.L vs UDVD.L |
See all 78 diversifiers for LGUG.L
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Diversification Analysis
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