Looking to diversify beyond USDG.L? The ETFs below have the lowest correlation with USDG.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 USDG.L.
Best Diversifiers for USDG.L
9 ETFs have low correlation with USDG.L (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LDEG.L) (Europe Equities) with a 1Y correlation of 0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.01 | -0.01 | -0.02 | 78 | Europe Equities | USDG.L vs LDEG.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.01 | 0.04 | 0.03 | 97 | Corporate Bonds | USDG.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.05 | 0.08 | 0.14 | 98 | Corporate Bonds | USDG.L vs ERNA.L | |
| L&G ROBO Global Robotics and Automation UCITS ETF | 0.06 | 0.06 | 0.01 | 82 | Robotics, Technology Equities | USDG.L vs ROBG.L | |
| L&G Artificial Intelligence UCITS ETF | 0.08 | 0.06 | 0.02 | 83 | Technology Equities | USDG.L vs AIAI.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements USDG.L
Add USDG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with USDG.L