Looking to diversify beyond ICBU.L? The ETFs below have the lowest correlation with ICBU.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 ICBU.L.
Best Diversifiers for ICBU.L
2 ETFs have low correlation with ICBU.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) (Corporate Bonds) with a 1Y correlation of 0.01, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.01 | 0.00 | 0.03 | 97 | Corporate Bonds | ICBU.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.20 | 0.14 | 0.16 | 97 | Corporate Bonds | ICBU.L vs ERNA.L | |
| iShares Core S&P 500 UCITS ETF | 0.30 | 0.22 | 0.21 | 79 | S&P 500 | ICBU.L vs CSP1.L | |
| iShares NASDAQ 100 UCITS ETF | 0.31 | 0.20 | 0.23 | 63 | Nasdaq-100 | ICBU.L vs CNDX.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.33 | 0.22 | 0.20 | 58 | Emerging Markets Equities | ICBU.L vs EIMI.L |
See all 16 diversifiers for ICBU.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ICBU.L
Add ICBU.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ICBU.L