Looking to diversify beyond ICOM.L? The ETFs below have the lowest correlation with ICOM.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 ICOM.L.
Best Diversifiers for ICOM.L
12 ETFs have low correlation with ICOM.L (below 0.3), 10 of which are negatively correlated. The least correlated is iShares MSCI World Quality Factor UCITS (IWQU.L) (Global Equities) with a 1Y correlation of -0.15, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Quality Factor UCITS | -0.15 | 0.07 | 0.18 | 56 | Global Equities | ICOM.L vs IWQU.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | -0.14 | 0.12 | 0.15 | 83 | Global Equities | ICOM.L vs SWDA.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | -0.13 | 0.13 | 0.22 | 68 | Global Equities | ICOM.L vs IWDA.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | -0.11 | 0.15 | 0.24 | 73 | Global Equities | ICOM.L vs ISAC.L | |
| iShares Automation & Robotics UCITS ETF | -0.11 | 0.09 | 0.09 | 69 | Robotics, Technology Equities | ICOM.L vs RBTX.L |
See all 36 diversifiers for ICOM.L
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