Looking to diversify beyond VHYG.L? The ETFs below have the lowest correlation with VHYG.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 VHYG.L.
Best Diversifiers for VHYG.L
7 ETFs have low correlation with VHYG.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.02, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.02 | -0.03 | -0.03 | 99 | Money Market | VHYG.L vs CSH2.L | |
| SPDR MSCI World Energy UCITS ETF | 0.10 | 0.40 | — | 66 | Energy Equities | VHYG.L vs ENGW.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | 0.12 | 0.08 | 0.06 | 99 | Government Bonds, Ultrashort Bond | VHYG.L vs VDST.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.13 | 0.16 | 0.08 | 100 | Government Bonds, Ultrashort Bond | VHYG.L vs IB01.L | |
| Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD... | 0.24 | 0.18 | 0.14 | 87 | Short-Term Bond | VHYG.L vs VDCA.L |
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