Looking to diversify beyond SOYB.L? The ETFs below have the lowest correlation with SOYB.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 SOYB.L.
Best Diversifiers for SOYB.L
4 ETFs have low correlation with SOYB.L (below 0.3), 4 of which are negatively correlated. The least correlated is WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) (Leveraged Equities) with a 1Y correlation of -0.04, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree S&P 500 3x Daily Leveraged GB | -0.04 | 0.09 | 0.13 | 52 | Leveraged Equities, S&P 500 | SOYB.L vs 3USL.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | -0.03 | 0.09 | 0.10 | 74 | Technology Equities | SOYB.L vs INTL.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | -0.03 | 0.10 | 0.14 | 53 | Large Cap Blend Equities, Dividend | SOYB.L vs DGRA.L | |
| WisdomTree Zinc | -0.00 | 0.11 | 0.18 | 75 | Metals | SOYB.L vs ZINC.L | |
| WisdomTree Soybean Oil | 0.48 | 0.50 | 0.56 | 52 | Agricultural Commodities | SOYB.L vs SOYO.L |
Diversification Analysis
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