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), 0 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 0.01, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.01 | -0.01 | -0.02 | 99 | Money Market | VHYG.L vs CSH2.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.11 | 0.16 | 0.09 | 100 | Government Bonds, Ultrashort Bond | VHYG.L vs IB01.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | 0.11 | 0.16 | 0.08 | 99 | Government Bonds, Ultrashort Bond | VHYG.L vs VDST.L | |
| Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD... | 0.18 | 0.18 | 0.10 | 90 | Short-Term Bond | VHYG.L vs VDCA.L | |
| Vanguard ESG Global Corporate Bond UCITS ETF GBP H... | 0.30 | 0.23 | 0.10 | 74 | Global Corporate Bonds | VHYG.L vs V3GS.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VHYG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VHYG.L and solid risk/return profiles. The least correlated is Tritax Big Box REIT plc (BBOX.L) (Real Estate) with a 1Y correlation of 0.34, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tritax Big Box REIT plc | 0.34 | 0.32 | 0.31 | 63 | Real Estate |
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