Looking to diversify beyond UHYG.L? The ETFs below have the lowest correlation with UHYG.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 UHYG.L.
Best Diversifiers for UHYG.L
6 ETFs have low correlation with UHYG.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) (Financials Equities) with a 1Y correlation of -0.04, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | -0.04 | -0.01 | 0.00 | 55 | Financials Equities | UHYG.L vs BNKE.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.01 | 0.11 | 0.16 | 69 | High Yield Bonds | UHYG.L vs JHYP.L | |
| iShares Fallen Angels High Yield Corporate Bond UC... | 0.02 | 0.10 | 0.16 | 58 | High Yield Bonds | UHYG.L vs WIGG.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.04 | 0.03 | 0.01 | 99 | Money Market | UHYG.L vs CSH2.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.05 | 0.17 | 0.26 | 52 | High Yield Bonds | UHYG.L vs STHE.L |
See all 26 diversifiers for UHYG.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UHYG.L
Add UHYG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UHYG.L