Looking to diversify beyond LQDS.L? The ETFs below have the lowest correlation with LQDS.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 LQDS.L.
Best Diversifiers for LQDS.L
7 ETFs have low correlation with LQDS.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Ultrashort Bond UCITS ETF USD (Acc) (ERNA.L) (Corporate Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.08 | 0.14 | 0.18 | 98 | Corporate Bonds | LQDS.L vs ERNA.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.10 | 0.06 | 0.03 | 78 | Emerging Markets Equities | LQDS.L vs EIMI.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.20 | 0.11 | 0.13 | 68 | Technology Equities, S&P 500 | LQDS.L vs IUIT.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.21 | 0.16 | 0.14 | 70 | Technology Equities, S&P 500 | LQDS.L vs IITU.L | |
| iShares NASDAQ 100 UCITS ETF | 0.24 | 0.16 | 0.17 | 75 | Nasdaq-100 | LQDS.L vs CNDX.L |
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