Looking to diversify beyond UHYC.L? The ETFs below have the lowest correlation with UHYC.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 UHYC.L.
Best Diversifiers for UHYC.L
9 ETFs have low correlation with UHYC.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) (IHHG.L) (High Yield Bonds) with a 1Y correlation of 0.08, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ High Yield Corp Bond UCITS ETF GBP Hedge... | 0.08 | 0.19 | 0.24 | 68 | High Yield Bonds | UHYC.L vs IHHG.L | |
| iShares Global High Yield Corp Bond UCITS ETF GBP ... | 0.15 | 0.21 | 0.22 | 55 | High Yield Bonds | UHYC.L vs GHYG.L | |
| iShares $ High Yield Corp Bond ESG SRI UCITS ETF G... | 0.15 | 0.23 | — | 53 | High Yield Bonds, Corporate Bonds, ESG | UHYC.L vs DHYG.L | |
| Janus Henderson Haitong Asia ex-Japan High Yield C... | 0.15 | 0.19 | — | 69 | High Yield Bonds | UHYC.L vs TAHY.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.18 | 0.11 | 0.08 | 77 | Financials Equities | UHYC.L vs BNKE.L |
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