Looking to diversify beyond V3GP.L? The ETFs below have the lowest correlation with V3GP.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 V3GP.L.
Best Diversifiers for V3GP.L
3 ETFs have low correlation with V3GP.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of 0.07, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.07 | 0.11 | 0.12 | 98 | Ultrashort Bond | V3GP.L vs ERNS.L | |
| Vanguard S&P 500 UCITS ETF (USD) Accumulating | 0.30 | 0.15 | 0.10 | 82 | S&P 500 | V3GP.L vs VUAG.L | |
| Vanguard S&P 500 UCITS ETF | 0.30 | 0.15 | 0.10 | 82 | S&P 500 | V3GP.L vs VUSA.L | |
| Vanguard S&P 500 UCITS ETF USD Accumulation | 0.31 | 0.17 | 0.12 | 74 | S&P 500 | V3GP.L vs VUAA.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.33 | 0.22 | 0.10 | 86 | Global Equities | V3GP.L vs VHYG.L |
See all 13 diversifiers for V3GP.L
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Diversification Analysis
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