Looking to diversify beyond ROBG.L? The ETFs below have the lowest correlation with ROBG.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 ROBG.L.
Best Diversifiers for ROBG.L
5 ETFs have low correlation with ROBG.L (below 0.3), 4 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.20, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.20 | -0.01 | 0.03 | 64 | Commodities | ROBG.L vs BCOG.L | |
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.18 | 0.01 | — | 61 | Commodities | ROBG.L vs ENCG.L | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.16 | 0.13 | — | 56 | Energy Equities | ROBG.L vs GXLE.L | |
| L&G Longer Dated All Commodities UCITS ETF | -0.12 | 0.03 | 0.04 | 69 | Commodities | ROBG.L vs CMFP.L | |
| L&G China CNY Bond UCITS ETF | 0.22 | 0.21 | 0.29 | 85 | Emerging Markets Bonds | ROBG.L vs DRGN.L |
See all 39 diversifiers for ROBG.L
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Diversification Analysis
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