Looking to diversify beyond PHGP.L? The ETFs below have the lowest correlation with PHGP.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 PHGP.L.
Best Diversifiers for PHGP.L
26 ETFs have low correlation with PHGP.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) (SEMB.L) (Emerging Markets Bonds) with a 1Y correlation of 0.05, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.05 | 0.13 | 0.19 | 79 | Emerging Markets Bonds | PHGP.L vs SEMB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.11 | 0.03 | -0.02 | 60 | Technology Equities | PHGP.L vs XLKQ.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.13 | 0.03 | -0.02 | 58 | Technology Equities, S&P 500 | PHGP.L vs IITU.L | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.14 | 0.08 | 0.02 | 85 | S&P 500, Equal Weight | PHGP.L vs XDWE.L | |
| iShares Core S&P 500 UCITS ETF | 0.16 | 0.08 | 0.02 | 82 | S&P 500 | PHGP.L vs CSP1.L |
See all 28 diversifiers for PHGP.L
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Diversification Analysis
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