Looking to diversify beyond ALAU.L? The ETFs below have the lowest correlation with ALAU.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 ALAU.L.
Best Diversifiers for ALAU.L
0 ETFs have low correlation with ALAU.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 0.37, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.37 | 0.30 | 0.31 | 99 | Money Market | ALAU.L vs CSH2.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.39 | 0.43 | 0.45 | 74 | Technology Equities | ALAU.L vs INTL.L | |
| Lyxor S&P 500 UCITS ETF - Acc | 0.42 | 0.42 | 0.44 | 72 | S&P 500 | ALAU.L vs SP5L.L | |
| Lyxor Nasdaq-100 Ucits ETF Acc USD | 0.44 | 0.43 | 0.45 | 61 | Nasdaq-100 | ALAU.L vs NASD.L | |
| Amundi FTSE 100 UCITS ETF | 0.45 | 0.47 | 0.46 | 66 | Europe Equities | ALAU.L vs 100D.L |
See all 23 diversifiers for ALAU.L
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