Looking to diversify beyond IDTP.L? The ETFs below have the lowest correlation with IDTP.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 IDTP.L.
Best Diversifiers for IDTP.L
20 ETFs have low correlation with IDTP.L (below 0.3), 1 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of -0.09, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.09 | -0.03 | 0.05 | 70 | Commodities | IDTP.L vs UC15.L | |
| Lyxor MSCI Emerging Markets UCITS ETF - Acc USD | 0.01 | 0.01 | -0.01 | 86 | Emerging Markets Equities | IDTP.L vs LEML.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.08 | 0.05 | 0.07 | 57 | Technology Equities, S&P 500 | IDTP.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.12 | 0.06 | 0.09 | 51 | Technology Equities, S&P 500 | IDTP.L vs IUIT.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.13 | 0.15 | 0.18 | 100 | Government Bonds, Ultrashort Bond | IDTP.L vs IB01.L |
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