Looking to balance out your exposure to ATR.L? The ETFs below have the lowest correlation with ATR.L — they tend to move on their own, which can help reduce risk when ATR.L drops. The stock ideas table highlights individual companies that behave independently from ATR.L.
Best Diversifiers for ATR.L
1 ETFs have low correlation with ATR.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares UK Dividend UCITS ETF (IUKD.L) (Dividend) with a 1Y correlation of 0.27, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares UK Dividend UCITS ETF | 0.27 | 0.28 | 0.27 | 56 | Dividend | ATR.L vs IUKD.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ATR.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATR.L and solid risk/return profiles. The least correlated is Fidelity Special Values (FSV.L) (Financial Services) with a 1Y correlation of 0.43, up from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fidelity Special Values | 0.43 | 0.37 | 0.31 | 75 | Financial Services |
Build a portfolio that complements ATR.L
Add ATR.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ATR.L