Looking to diversify beyond IAPD.L? The ETFs below have the lowest correlation with IAPD.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 IAPD.L.
Best Diversifiers for IAPD.L
4 ETFs have low correlation with IAPD.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.01 | -0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | IAPD.L vs IB01.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.02 | 0.02 | 0.03 | 97 | Corporate Bonds | IAPD.L vs FLOA.L | |
| iShares Bloomberg Roll Select Commodity Swap UCITS... | 0.02 | 0.14 | 0.23 | 71 | Commodities | IAPD.L vs ROLG.L | |
| Xtrackers MSCI Europe Utilities ESG Screened UCITS... | 0.26 | 0.26 | 0.28 | 68 | Utilities Equities | IAPD.L vs XS6R.L | |
| Franklin FTSE Taiwan UCITS ETF | 0.32 | 0.40 | — | 96 | Taiwan Equities, Asia Pacific Equities | IAPD.L vs FRXT.L |
See all 59 diversifiers for IAPD.L
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