Looking to diversify beyond CU31.L? The ETFs below have the lowest correlation with CU31.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 CU31.L.
Best Diversifiers for CU31.L
16 ETFs have low correlation with CU31.L (below 0.3), 9 of which are negatively correlated. The least correlated is iShares Core MSCI EM IMI UCITS ETF (EIMI.L) (Emerging Markets Equities) with a 1Y correlation of -0.21, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core MSCI EM IMI UCITS ETF | -0.21 | -0.17 | -0.17 | 78 | Emerging Markets Equities | CU31.L vs EIMI.L | |
| iShares NASDAQ 100 UCITS ETF | -0.13 | -0.17 | -0.18 | 75 | Nasdaq-100 | CU31.L vs CNDX.L | |
| Xtrackers MSCI World Momentum Factor UCITS ETF 1C | -0.06 | 0.01 | -0.02 | 72 | Momentum, Global Equities | CU31.L vs XDEM.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | -0.06 | 0.00 | -0.01 | 97 | Short-Term Bond | CU31.L vs TIGB.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | -0.05 | -0.03 | -0.11 | 73 | Global Equities | CU31.L vs ISAC.L |
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