Looking to diversify beyond GENE.L? The ETFs below have the lowest correlation with GENE.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 GENE.L.
Best Diversifiers for GENE.L
2 ETFs have low correlation with GENE.L (below 0.3), 1 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of -0.18, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.18 | -0.01 | 0.10 | 71 | Commodities | GENE.L vs UC15.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.30 | 0.43 | 0.51 | 65 | Alternative Energy Equities, Global Equities | GENE.L vs CHRG.L | |
| L&G Battery Value-Chain UCITS ETF | 0.34 | 0.45 | 0.56 | 95 | Alternative Energy Equities, Global Equities | GENE.L vs BATG.L | |
| Scottish Mortgage Investment Trust plc | 0.39 | 0.45 | 0.53 | 79 | Global Equities | GENE.L vs SMT.L | |
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | 0.46 | 0.54 | 0.57 | 79 | S&P 500 | GENE.L vs 5ESG.L |
See all 27 diversifiers for GENE.L
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Diversification Analysis
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