Looking to diversify beyond ICDU.L? The ETFs below have the lowest correlation with ICDU.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 ICDU.L.
Best Diversifiers for ICDU.L
0 ETFs have low correlation with ICDU.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core MSCI EM IMI UCITS ETF (EIMI.L) (Emerging Markets Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core MSCI EM IMI UCITS ETF | 0.45 | 0.47 | 0.53 | 62 | Emerging Markets Equities | ICDU.L vs EIMI.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | 0.59 | 0.68 | 0.73 | 72 | Global Equities | ICDU.L vs ISAC.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.62 | 0.69 | 0.74 | 71 | Global Equities | ICDU.L vs IWDA.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.63 | 0.68 | 0.73 | 77 | Global Equities | ICDU.L vs XDEQ.L | |
| iShares NASDAQ 100 UCITS ETF | 0.64 | 0.73 | 0.78 | 61 | Nasdaq-100 | ICDU.L vs CNDX.L |
See all 7 diversifiers for ICDU.L
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