Looking to balance out your exposure to PGH.L? The ETFs below have the lowest correlation with PGH.L — they tend to move on their own, which can help reduce risk when PGH.L drops. The stock ideas table highlights individual companies that behave independently from PGH.L.
Best Diversifiers for PGH.L
1 ETFs have low correlation with PGH.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares UK Dividend UCITS ETF (IUKD.L) (Dividend) with a 1Y correlation of 0.13, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares UK Dividend UCITS ETF | 0.13 | 0.12 | 0.09 | 61 | Dividend | PGH.L vs IUKD.L |
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