Looking to diversify beyond LQDE.L? The ETFs below have the lowest correlation with LQDE.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 LQDE.L.
Best Diversifiers for LQDE.L
5 ETFs have low correlation with LQDE.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) (Corporate Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.09 | 0.05 | 0.04 | 97 | Corporate Bonds | LQDE.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.14 | 0.19 | 0.20 | 98 | Corporate Bonds | LQDE.L vs ERNA.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.16 | 0.12 | 0.17 | 100 | Government Bonds, Ultrashort Bond | LQDE.L vs IB01.L | |
| iShares UK Dividend UCITS ETF | 0.16 | 0.23 | 0.05 | 61 | Dividend | LQDE.L vs IUKD.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.30 | 0.19 | 0.22 | 70 | Technology Equities, S&P 500 | LQDE.L vs IITU.L |
See all 16 diversifiers for LQDE.L
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