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 iShares € High Yield Corp Bond ESG SRI UCITS ETF GBP Hedged (Acc) (EHYG.L) (High Yield Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € High Yield Corp Bond ESG SRI UCITS ETF G... | 0.08 | 0.11 | — | 58 | High Yield Bonds | STHY.L vs EHYG.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.11 | 0.11 | 0.13 | 61 | High Yield Bonds | STHY.L vs WIGG.L | |
| VanEck Global Fallen Angel High Yield Bond UCITS E... | 0.40 | 0.48 | 0.59 | 62 | High Yield Bonds | STHY.L vs GFGB.L | |
| Lyxor ESG USD High Yield (DR) UCITS ETF - Dist | 0.41 | 0.51 | 0.62 | 60 | High Yield Bonds | STHY.L vs UHYG.L | |
| iShares Global High Yield Corp Bond UCITS ETF GBP ... | 0.42 | 0.50 | 0.59 | 55 | High Yield Bonds | STHY.L vs GHYG.L |
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