Looking to diversify beyond IDBT.L? The ETFs below have the lowest correlation with IDBT.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 IDBT.L.
Best Diversifiers for IDBT.L
13 ETFs have low correlation with IDBT.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) (Government Bonds) with a 1Y correlation of -0.01, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | -0.01 | 0.08 | 0.09 | 98 | Government Bonds, Ultrashort Bond | IDBT.L vs IBTU.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.00 | 0.02 | 0.04 | 90 | Government Bonds | IDBT.L vs TFRN.L | |
| Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U... | 0.04 | 0.12 | 0.31 | 99 | Government Bonds, Ultrashort Bond | IDBT.L vs PR1T.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.07 | 0.02 | 0.04 | 87 | Government Bonds, Ultrashort Bond | IDBT.L vs USFR.L | |
| iShares Core S&P 500 UCITS ETF | 0.08 | 0.01 | 0.01 | 72 | S&P 500 | IDBT.L vs CSP1.L |
See all 14 diversifiers for IDBT.L
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Diversification Analysis
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