Looking to diversify beyond 3USL.L? The ETFs below have the lowest correlation with 3USL.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 3USL.L.
Best Diversifiers for 3USL.L
16 ETFs have low correlation with 3USL.L (below 0.3), 11 of which are negatively correlated. The least correlated is WisdomTree Brent Crude Oil (BRNT.L) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Brent Crude Oil | -0.29 | -0.01 | 0.12 | 61 | Oil & Gas | 3USL.L vs BRNT.L | |
| WisdomTree Enhanced Commodity UCITS ETF USD | -0.24 | -0.05 | 0.02 | 80 | Commodities | 3USL.L vs WCOG.L | |
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.24 | -0.04 | 0.03 | 81 | Commodities | 3USL.L vs WCOB.L | |
| Leverage Shares 3x Long Oil & Gas ETP Securities G... | -0.16 | 0.15 | — | 56 | Leveraged Equities | 3USL.L vs 3XLE.L | |
| WisdomTree Enhanced Commodity UCITS ETF GBP Hedged... | -0.14 | 0.07 | 0.17 | 85 | Commodities | 3USL.L vs WCOM.L |
See all 106 diversifiers for 3USL.L
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