Looking to balance out your exposure to LSEG.L? The ETFs below have the lowest correlation with LSEG.L — they tend to move on their own, which can help reduce risk when LSEG.L drops. The stock ideas table highlights individual companies that behave independently from LSEG.L.
Best Diversifiers for LSEG.L
3 ETFs have low correlation with LSEG.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) (Nasdaq-100) with a 1Y correlation of 0.06, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.06 | 0.13 | 0.19 | 60 | Nasdaq-100 | LSEG.L vs EQQQ.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.13 | 0.20 | 0.25 | 81 | Global Equities | LSEG.L vs SWDA.L | |
| HSBC MSCI World UCITS ETF | 0.14 | 0.20 | 0.26 | 81 | Global Equities | LSEG.L vs HMWO.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from LSEG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LSEG.L and solid risk/return profiles. The least correlated is Lloyds Banking Group plc (LLOY.L) (Financial Services) with a 1Y correlation of 0.05, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lloyds Banking Group plc | 0.05 | 0.14 | 0.14 | 86 | Financial Services | |
| Centrica plc | 0.10 | 0.10 | 0.07 | 63 | Utilities |
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