Looking to diversify beyond VHYD.L? The ETFs below have the lowest correlation with VHYD.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 VHYD.L.
Best Diversifiers for VHYD.L
4 ETFs have low correlation with VHYD.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.13, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.13 | 0.08 | 0.20 | 52 | Commodities | VHYD.L vs BCOG.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | 0.01 | 0.02 | 0.03 | 98 | Government Bonds, Ultrashort Bond | VHYD.L vs IBTU.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.04 | 0.07 | 0.07 | 100 | Government Bonds, Ultrashort Bond | VHYD.L vs IB01.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.09 | 0.05 | 0.07 | 99 | Ultrashort Bond | VHYD.L vs ERNS.L | |
| JPM Nasdaq Equity Premium Income Active UCITS ETF ... | 0.30 | 0.42 | 0.42 | 85 | Nasdaq-100, Derivative Income | VHYD.L vs JEQP.L |
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