Looking to diversify beyond STHE.L? The ETFs below have the lowest correlation with STHE.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 STHE.L.
Best Diversifiers for STHE.L
5 ETFs have low correlation with STHE.L (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Income (STHY.L) (High Yield Bonds) with a 1Y correlation of 0.09, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.09 | 0.17 | 0.24 | 72 | High Yield Bonds | STHE.L vs STHY.L | |
| iShares USD High Yield Corporate Bond UCITS ETF US... | 0.16 | 0.28 | 0.35 | 61 | High Yield Bonds | STHE.L vs IHYA.L | |
| Lyxor ESG USD High Yield (DR) UCITS ETF - Acc | 0.19 | 0.28 | — | 57 | High Yield Bonds | STHE.L vs UHYC.L | |
| Xtrackers USD High Yield Corporate Bond UCITS ETF ... | 0.20 | 0.29 | 0.36 | 54 | High Yield Bonds | STHE.L vs XUHY.L | |
| iShares USD Short Duration High Yield Corporate Bo... | 0.21 | 0.25 | 0.30 | 61 | High Yield Bonds | STHE.L vs SDHG.L |
See all 16 diversifiers for STHE.L
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