Looking to diversify beyond SGLS.L? The ETFs below have the lowest correlation with SGLS.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 SGLS.L.
Best Diversifiers for SGLS.L
64 ETFs have low correlation with SGLS.L (below 0.3), 3 of which are negatively correlated. The least correlated is Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) (High Yield Bonds) with a 1Y correlation of -0.22, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco US High Yield Fallen Angels UCITS ETF Dist | -0.22 | -0.20 | -0.20 | 57 | High Yield Bonds | SGLS.L vs FAHY.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.07 | -0.01 | -0.00 | 99 | Money Market | SGLS.L vs CSH2.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | -0.01 | 0.09 | 0.16 | 98 | Short-Term Bond | SGLS.L vs TIGB.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.03 | -0.06 | -0.08 | 90 | S&P 500, Large Cap Value Equities | SGLS.L vs PQVG.L | |
| Invesco USD AAA CLO UCITS ETF Acc | 0.08 | — | — | 97 | CLO, Bank Loan | SGLS.L vs ICLU.L |
See all 91 diversifiers for SGLS.L
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