Looking to diversify beyond STHY.L? The ETFs below have the lowest correlation with STHY.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 STHY.L.
Best Diversifiers for STHY.L
2 ETFs have low correlation with STHY.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 Inc EUR Hedged (STHE.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 | 52 | High Yield Bonds | STHY.L vs STHE.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.12 | 0.11 | 0.13 | 58 | High Yield Bonds | STHY.L vs WIGG.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.42 | 0.51 | 0.59 | 69 | High Yield Bonds | STHY.L vs JHYP.L | |
| iShares USD Short Duration High Yield Corporate Bo... | 0.55 | 0.70 | 0.79 | 74 | High Yield Bonds | STHY.L vs SDHA.L | |
| Xtrackers USD High Yield Corporate Bond UCITS ETF ... | 0.56 | 0.69 | 0.77 | 54 | High Yield Bonds | STHY.L vs XUHY.L |
See all 16 diversifiers for STHY.L
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