Looking to diversify beyond IDUS.L? The ETFs below have the lowest correlation with IDUS.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 IDUS.L.
Best Diversifiers for IDUS.L
1 ETFs have low correlation with IDUS.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.00, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.00 | 0.01 | 0.04 | 100 | Government Bonds, Ultrashort Bond | IDUS.L vs IB01.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.50 | 0.68 | 0.69 | 64 | S&P 500, Large Cap Value Equities | IDUS.L vs PQVG.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.60 | 0.67 | 0.75 | 64 | S&P 500 | IDUS.L vs BYBG.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.63 | 0.77 | 0.79 | 70 | S&P 500, Large Cap Value Equities | IDUS.L vs PQVM.L | |
| iShares S&P 500 Equal Weight UCITS ETF USD (Acc) | 0.66 | 0.70 | — | 70 | S&P 500, Equal Weight | IDUS.L vs EWSP.L |
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