Looking to diversify beyond IB01.L? The ETFs below have the lowest correlation with IB01.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 IB01.L.
Best Diversifiers for IB01.L
93 ETFs have low correlation with IB01.L (below 0.3), 32 of which are negatively correlated. The least correlated is Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist (T3GB.L) (Government Bonds) with a 1Y correlation of -0.26, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hd... | -0.26 | -0.26 | -0.23 | 93 | Government Bonds | IB01.L vs T3GB.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | -0.23 | -0.19 | -0.26 | 58 | Nasdaq-100 | IB01.L vs EQGB.L | |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) | -0.14 | -0.09 | -0.13 | 51 | Europe Equities | IB01.L vs SMEA.L | |
| Amundi Core STOXX Europe 600 UCITS ETF Acc | -0.13 | -0.09 | -0.14 | 51 | Europe Equities | IB01.L vs MEUD.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | -0.12 | -0.13 | -0.15 | 77 | Financials Equities | IB01.L vs BNKE.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IB01.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IB01.L and solid risk/return profiles. The least correlated is Blackrock World Mining Trust plc (BRWM.L) (Financial Services) with a 1Y correlation of -0.29, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Blackrock World Mining Trust plc | -0.29 | -0.19 | -0.21 | 84 | Financial Services | |
| JP Morgan Global Growth & Income plc | 0.02 | 0.03 | 0.05 | 75 | Financial Services |
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