Looking to diversify beyond 2MU.L? The ETFs below have the lowest correlation with 2MU.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 2MU.L.
Best Diversifiers for 2MU.L
3 ETFs have low correlation with 2MU.L (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 3x Apple ETC EUR (3APE.L) (Leveraged Equities) with a 1Y correlation of 0.15, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Apple ETC EUR | 0.15 | 0.22 | 0.33 | 63 | Leveraged Equities | 2MU.L vs 3APE.L | |
| WisdomTree EURO STOXX Banks 3x Daily Leveraged | 0.22 | 0.22 | 0.27 | 77 | Leveraged Equities | 2MU.L vs 3BAL.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.29 | 0.32 | 0.37 | 95 | Leveraged Equities | 2MU.L vs 3GOO.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.31 | 0.33 | 0.39 | 95 | Leveraged Equities | 2MU.L vs 3GOE.L | |
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.45 | — | — | 59 | Nasdaq-100, Derivative Income | 2MU.L vs QQQY.L |
See all 20 diversifiers for 2MU.L
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