Looking to diversify beyond I500.L? The ETFs below have the lowest correlation with I500.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 I500.L.
Best Diversifiers for I500.L
2 ETFs have low correlation with I500.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.06, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.06 | 0.23 | 0.29 | 60 | Energy Equities, S&P 500 | I500.L vs IUES.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.21 | 0.25 | 0.15 | 100 | Government Bonds, Ultrashort Bond | I500.L vs IB01.L | |
| Xtrackers CSI 300 Swap UCITS ETF 1C | 0.33 | 0.23 | 0.28 | 83 | China Equities | I500.L vs XCHA.L | |
| iShares FTSE 100 UCITS ETF | 0.41 | 0.42 | 0.49 | 56 | I500.L vs CUKX.L | ||
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.43 | 0.30 | 0.36 | 55 | Financials Equities | I500.L vs BNKE.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from I500.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to I500.L and solid risk/return profiles. The least correlated is Coca Cola HBC AG (CCH.L) (Consumer Defensive) with a 1Y correlation of 0.00, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca Cola HBC AG | 0.00 | 0.07 | 0.19 | 54 | Consumer Defensive |
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