Looking to balance out your exposure to ABDN.L? The ETFs below have the lowest correlation with ABDN.L — they tend to move on their own, which can help reduce risk when ABDN.L drops. The stock ideas table highlights individual companies that behave independently from ABDN.L.
Best Diversifiers for ABDN.L
0 ETFs have low correlation with ABDN.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor UCITS ETF (SMGB.L) (Semiconductors) with a 1Y correlation of 0.33, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor UCITS ETF | 0.33 | 0.33 | 0.38 | 97 | Semiconductors, Technology Equities | ABDN.L vs SMGB.L | |
| iShares Edge MSCI USA Momentum Factor UCITS ETF | 0.38 | 0.29 | 0.31 | 77 | Momentum, Large Cap Growth Equities | ABDN.L vs IUMF.L | |
| Vanguard FTSE Japan UCITS ETF Distributing | 0.40 | 0.34 | 0.33 | 57 | Japan Equities | ABDN.L vs VJPN.L | |
| iShares MSCI EM ex-China UCITS ETF USD (Acc) | 0.41 | 0.37 | — | 94 | Emerging Markets Equities | ABDN.L vs EXCS.L | |
| Vanguard FTSE 100 UCITS ETF Distributing | 0.41 | 0.48 | 0.54 | 53 | Europe Equities | ABDN.L vs VUKE.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ABDN.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ABDN.L and solid risk/return profiles. The least correlated is BP plc (BP.L) (Energy) with a 1Y correlation of -0.20, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP plc | -0.20 | 0.04 | 0.14 | 86 | Energy | |
| British American Tobacco plc | 0.03 | 0.15 | 0.13 | 80 | Consumer Defensive | |
| National Grid plc | 0.05 | 0.15 | 0.15 | 67 | Utilities | |
| Tesco PLC | 0.06 | 0.15 | 0.23 | 63 | Consumer Defensive | |
| Coca Cola HBC AG | 0.10 | 0.19 | 0.28 | 52 | Consumer Defensive |
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