Looking to diversify beyond RIEG.L? The ETFs below have the lowest correlation with RIEG.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 RIEG.L.
Best Diversifiers for RIEG.L
2 ETFs have low correlation with RIEG.L (below 0.3), 2 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.24, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.24 | -0.07 | -0.02 | 64 | Commodities | RIEG.L vs BCOG.L | |
| L&G Longer Dated All Commodities UCITS ETF | -0.19 | -0.07 | -0.02 | 69 | Commodities | RIEG.L vs CMFP.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.37 | — | — | 99 | Europe Equities | RIEG.L vs JRDZ.L | |
| L&G Artificial Intelligence UCITS ETF | 0.40 | 0.50 | 0.54 | 82 | Technology Equities | RIEG.L vs AIAG.L | |
| L&G Artificial Intelligence UCITS ETF | 0.47 | 0.54 | 0.58 | 83 | Technology Equities | RIEG.L vs AIAI.L |
See all 25 diversifiers for RIEG.L
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Diversification Analysis
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