Looking to diversify beyond SILG.L? The ETFs below have the lowest correlation with SILG.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 SILG.L.
Best Diversifiers for SILG.L
12 ETFs have low correlation with SILG.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) (Nasdaq-100) with a 1Y correlation of 0.07, roughly unchanged from 0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.07 | 0.02 | — | 71 | Nasdaq-100, Options Trading | SILG.L vs QYLP.L | |
| Global X Genomics & Biotechnology UCITS ETF | 0.21 | 0.18 | — | 62 | Health & Biotech Equities | SILG.L vs GNOG.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.22 | 0.23 | — | 91 | Technology Equities | SILG.L vs VPNG.L | |
| Global X Renewable Energy Producers UCITS ETF USD ... | 0.23 | 0.27 | — | 91 | Energy Equities | SILG.L vs RNRU.L | |
| VanEck Semiconductor UCITS ETF | 0.23 | 0.20 | — | 97 | Semiconductors, Technology Equities | SILG.L vs SMGB.L |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SILG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SILG.L and solid risk/return profiles. The least correlated is Fresnillo plc (FRES.L) (Basic Materials) with a 1Y correlation of 0.81, roughly unchanged from 0.74 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fresnillo plc | 0.81 | 0.74 | — | 91 | Basic Materials |
Build a portfolio that complements SILG.L
Add SILG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SILG.L