Looking to diversify beyond VFEG.L? The ETFs below have the lowest correlation with VFEG.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 VFEG.L.
Best Diversifiers for VFEG.L
5 ETFs have low correlation with VFEG.L (below 0.3), 4 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.05, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.05 | -0.05 | -0.03 | 99 | Money Market | VFEG.L vs CSH2.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.04 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | VFEG.L vs IB01.L | |
| iShares Bloomberg Roll Select Commodity Swap UCITS... | -0.04 | 0.13 | 0.19 | 71 | Commodities | VFEG.L vs ROLG.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | -0.01 | 0.04 | 0.10 | 97 | Corporate Bonds | VFEG.L vs FLOA.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.01 | 0.04 | 0.05 | 99 | Ultrashort Bond | VFEG.L vs ERNS.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VFEG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VFEG.L and solid risk/return profiles. The least correlated is Tesco PLC (TSCO.L) (Consumer Defensive) with a 1Y correlation of 0.02, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesco PLC | 0.02 | 0.00 | 0.07 | 70 | Consumer Defensive | |
| Toyota Motor Corp | 0.06 | 0.09 | 0.11 | 61 | Consumer Cyclical | |
| Next plc | 0.14 | 0.18 | 0.24 | 78 | Consumer Cyclical | |
| NatWest Group plc | 0.32 | 0.32 | 0.33 | 80 | Financial Services | |
| Rolls-Royce Holdings PLC | 0.35 | 0.26 | 0.29 | 78 | Industrials |
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